Spinning Cat vs Anonymous Cat

Anonymous Cat (ZCAT) is 105.0× the size of Spinning Cat (OIIAOIIA) by market capitalisation. Over the past 30 days, OIIAOIIA is ahead by 16.8 percentage points (OIIAOIIA -26.6% against ZCAT -43.4%). Their daily returns move loosely together (correlation 0.51 across 35 shared trading days). ZCAT has been the more volatile of the two, at 290% annualised against OIIAOIIA's 52%.

Correlation: 0.51
Size ratio: 1 : 105.0
Ahead over 30 days: OIIAOIIA

Spinning CatOIIAOIIA

$0.000241

24h: +4.67%
Market cap: $241,219
Volume 24h: $420
Volatility (ann.): 52%

Anonymous CatZCAT

$0.026212

24h: +10.39%
Market cap: $25.32M
Volume 24h: $1.80M
Volatility (ann.): 290%

OIIAOIIA 0.9%Share of the two combined market caps99.1% ZCAT

Performance

OIIAOIIAZCAT

7 days-12.98%-47.53%OIIAOIIA
30 days-26.55%-43.37%OIIAOIIA

Correlation

0.51over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4990d: 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	OIIAOIIA	ZCAT
Max drawdown (400d)	-28.6%	-67.3%
Risk-adjusted return (90d)	-0.52	-0.20

Relative strength over 90 days: OIIAOIIA outperformed ZCAT by 33.4% — measured on the OIIAOIIA/ZCAT ratio, so it holds regardless of market direction.

Spinning Cat →Anonymous Cat →