RockyCat vs Purr

Purr (PURR) is 471.9× the size of RockyCat (RKC) by market capitalisation. Over the past 30 days, PURR is ahead by 24.8 percentage points (RKC -16.4% against PURR +8.4%). Their daily returns move barely together (correlation 0.06 across 21 shared trading days). PURR has been the more volatile of the two, at 222% annualised against RKC's 93%.

Correlation: 0.06
Size ratio: 1 : 471.9
Ahead over 30 days: PURR

RockyCatRKC

$0.000147

24h: +1.93%
Market cap: $146,840
Volume 24h: $352
Volatility (ann.): 93%

PurrPURR

$0.116534

24h: +2.14%
Market cap: $69.30M
Volume 24h: $1.43M
Volatility (ann.): 222%

RKC 0.2%Share of the two combined market caps99.8% PURR

Performance

RKCPURR

7 days-6.18%+16.19%PURR
30 days-16.35%+8.42%PURR

Correlation

0.06over 21 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	RKC	PURR
Max drawdown (400d)	-27.9%	-43.9%
Risk-adjusted return (90d)	-0.19	0.10

Relative strength over 90 days: PURR outperformed RKC by 19.2% — measured on the RKC/PURR ratio, so it holds regardless of market direction.

RockyCat →Purr →