Singularity is NEAR vs Quantus Cat

Singularity is NEAR (SINGULARTY) is 1.5× the size of Quantus Cat (QCAT) by market capitalisation. Over the past 30 days, SINGULARTY is ahead by 17.2 percentage points (SINGULARTY -56.0% against QCAT -73.2%). Their daily returns move barely together (correlation 0.05 across 37 shared trading days). QCAT has been the more volatile of the two, at 803% annualised against SINGULARTY's 466%.

Correlation: 0.05
Size ratio: 1.5×
Ahead over 30 days: SINGULARTY

Singularity is NEARSINGULARTY

$4.822e-5

24h: -13.78%
Market cap: $48,218
Volume 24h: $64
Volatility (ann.): 466%

Quantus CatQCAT

$3.239e-5

24h: +39.00%
Market cap: $31,949
Volume 24h: $6,100
Volatility (ann.): 803%

SINGULARTY 60.1%Share of the two combined market caps39.9% QCAT

Performance

SINGULARTYQCAT

7 days-10.55%+75.97%QCAT
30 days-55.96%-73.17%SINGULARTY

Correlation

0.05over 37 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2790d: 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	SINGULARTY	QCAT
Max drawdown (400d)	-88.5%	-92.3%
Risk-adjusted return (90d)	-0.13	-0.08

Relative strength over 90 days: SINGULARTY outperformed QCAT by 238.6% — measured on the SINGULARTY/QCAT ratio, so it holds regardless of market direction.

Singularity is NEAR →Quantus Cat →