Robinhood Pixel Cat vs Popcat

Popcat (POPCAT) is 3704.2× the size of Robinhood Pixel Cat (PIXELCAT) by market capitalisation. Over the past 30 days, POPCAT is ahead by 4.6 percentage points (PIXELCAT -28.0% against POPCAT -23.5%). Their daily returns move barely together (correlation 0.18 across 20 shared trading days). Both have run at a similar volatility, around 109% annualised.

Correlation: 0.18
Size ratio: 1 : 3704.2
Ahead over 30 days: POPCAT

Robinhood Pixel CatPIXELCAT

$9.880e-6

24h: -4.86%
Market cap: $9,882
Volume 24h: $114
Volatility (ann.): 114%

PopcatPOPCAT

$0.037354

24h: -6.37%
Market cap: $36.61M
Volume 24h: $4.90M
Volatility (ann.): 104%

PIXELCAT 0.0%Share of the two combined market caps100.0% POPCAT

Performance

PIXELCATPOPCAT

7 days-14.32%-7.69%POPCAT
30 days-28.03%-23.46%POPCAT

Correlation

0.18over 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	PIXELCAT	POPCAT
Max drawdown (400d)	-31.8%	-39.5%
Risk-adjusted return (90d)	-0.24	-0.21

Relative strength over 90 days: PIXELCAT outperformed POPCAT by 4.7% — measured on the PIXELCAT/POPCAT ratio, so it holds regardless of market direction.

Robinhood Pixel Cat →Popcat →