Quantum Cats vs Popcat

Popcat (POPCAT) is 571.0× the size of Quantum Cats (QC) by market capitalisation. Over the past 30 days, POPCAT is ahead by 46.4 percentage points (QC -62.2% against POPCAT -15.8%). Their daily returns move barely together (correlation 0.11 across 20 shared trading days). QC has been the more volatile of the two, at 205% annualised against POPCAT's 102%.

Correlation: 0.11
Size ratio: 1 : 571.0
Ahead over 30 days: POPCAT

Quantum CatsQC

$6.857e-5

24h: -3.66%
Market cap: $68,572
Volume 24h: $14
Volatility (ann.): 205%

PopcatPOPCAT

$0.039957

24h: +2.58%
Market cap: $39.16M
Volume 24h: $4.07M
Volatility (ann.): 102%

QC 0.2%Share of the two combined market caps99.8% POPCAT

Performance

QCPOPCAT

7 days-7.77%-8.15%QC
30 days-62.15%-15.77%POPCAT

Correlation

0.11over 20 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: insufficient data1y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	QC	POPCAT
Max drawdown (400d)	-78.0%	-35.5%
Risk-adjusted return (90d)	-0.38	-0.13

Relative strength over 90 days: POPCAT outperformed QC by 3.6% — measured on the QC/POPCAT ratio, so it holds regardless of market direction.

Quantum Cats →Popcat →