SOLCAT vs Anonymous Cat

Anonymous Cat (ZCAT) is 5449.3× the size of SOLCAT (SOLCAT) by market capitalisation. Over the past 30 days, SOLCAT is ahead by 6.0 percentage points (SOLCAT -37.4% against ZCAT -43.4%). Their daily returns move barely together (correlation 0.02 across 34 shared trading days). ZCAT has been the more volatile of the two, at 290% annualised against SOLCAT's 80%.

Correlation: 0.02
Size ratio: 1 : 5449.3
Ahead over 30 days: SOLCAT

SOLCATSOLCAT

$4.470e-6

24h: +4.18%
Market cap: $4,425
Volume 24h: $108
Volatility (ann.): 80%

Anonymous CatZCAT

$0.024963

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

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

Performance

SOLCATZCAT

7 days-5.31%-47.53%SOLCAT
30 days-37.35%-43.37%SOLCAT

Correlation

0.02over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0190d: 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	SOLCAT	ZCAT
Max drawdown (400d)	-43.0%	-67.3%
Risk-adjusted return (90d)	-0.49	-0.20

Relative strength over 90 days: SOLCAT outperformed ZCAT by 10.8% — measured on the SOLCAT/ZCAT ratio, so it holds regardless of market direction.

SOLCAT →Anonymous Cat →