SofaCat vs Anonymous Cat

Anonymous Cat (ZCAT) is 2264.6× the size of SofaCat (SOFAC) by market capitalisation. Over the past 30 days, SOFAC is ahead by 20.8 percentage points (SOFAC -22.6% against ZCAT -43.4%). Their daily returns move barely together (correlation 0.02 across 32 shared trading days). ZCAT has been the more volatile of the two, at 290% annualised against SOFAC's 44%.

Correlation: 0.02
Size ratio: 1 : 2264.6
Ahead over 30 days: SOFAC

SofaCatSOFAC

$0.000108

24h: —
Market cap: $10,648
Volume 24h: —
Volatility (ann.): 44%

Anonymous CatZCAT

$0.024963

24h: -3.73%
Market cap: $24.11M
Volume 24h: $1.64M
Volatility (ann.): 290%

SOFAC 0.0%Share of the two combined market caps100.0% ZCAT

Performance

SOFACZCAT

7 days-7.01%-47.53%SOFAC
30 days-22.58%-43.37%SOFAC

Correlation

0.02over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0690d: 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	SOFAC	ZCAT
Max drawdown (400d)	-23.5%	-67.3%
Risk-adjusted return (90d)	-0.50	-0.20

Relative strength over 90 days: SOFAC outperformed ZCAT by 42.2% — measured on the SOFAC/ZCAT ratio, so it holds regardless of market direction.

SofaCat →Anonymous Cat →