SachiCoin vs Popcat

Popcat (POPCAT) is 1005.6× the size of SachiCoin (SACHI) by market capitalisation. Over the past 30 days, POPCAT is ahead by 11.1 percentage points (SACHI -26.9% against POPCAT -15.8%). Their daily returns move barely together (correlation 0.22 across 20 shared trading days). POPCAT has been the more volatile of the two, at 102% annualised against SACHI's 48%.

Correlation: 0.22
Size ratio: 1 : 1005.6
Ahead over 30 days: POPCAT

SachiCoinSACHI

$3.776e-5

24h: +3.75%
Market cap: $36,372
Volume 24h: $34
Volatility (ann.): 48%

PopcatPOPCAT

$0.037323

24h: -6.72%
Market cap: $36.58M
Volume 24h: $4.30M
Volatility (ann.): 102%

SACHI 0.1%Share of the two combined market caps99.9% POPCAT

Performance

SACHIPOPCAT

7 days-8.55%-8.15%POPCAT
30 days-26.88%-15.77%POPCAT

Correlation

0.22over 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	SACHI	POPCAT
Max drawdown (400d)	-34.6%	-35.5%
Risk-adjusted return (90d)	-0.64	-0.13

Relative strength over 90 days: SACHI outperformed POPCAT by 1.8% — measured on the SACHI/POPCAT ratio, so it holds regardless of market direction.

SachiCoin →Popcat →