REST vs Anonymous Cat

Anonymous Cat (ZCAT) is 163.0× the size of REST (REST) by market capitalisation. Over the past 30 days, REST is ahead by 1.5 percentage points (REST -41.9% against ZCAT -43.4%). Their daily returns move barely together (correlation 0.13 across 35 shared trading days). ZCAT has been the more volatile of the two, at 290% annualised against REST's 148%.

Correlation: 0.13
Size ratio: 1 : 163.0
Ahead over 30 days: REST

RESTREST

$0.000311

24h: +3.16%
Market cap: $155,306
Volume 24h: $2,351
Volatility (ann.): 148%

Anonymous CatZCAT

$0.026212

24h: +10.39%
Market cap: $25.32M
Volume 24h: $1.80M
Volatility (ann.): 290%

REST 0.6%Share of the two combined market caps99.4% ZCAT

Performance

RESTZCAT

7 days-26.55%-47.53%REST
30 days-41.89%-43.37%REST

Correlation

0.13over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2290d: 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	REST	ZCAT
Max drawdown (400d)	-51.4%	-67.3%
Risk-adjusted return (90d)	-0.34	-0.20

Relative strength over 90 days: ZCAT outperformed REST by 9.7% — measured on the REST/ZCAT ratio, so it holds regardless of market direction.

REST →Anonymous Cat →