Purr (PURR) is 304.0× the size of TabbyPOS (TABBY) by market capitalisation. Over the past 30 days, TABBY is ahead by 9.9 percentage points (TABBY +18.3% against PURR +8.4%). Their daily returns move barely together (correlation 0.10 across 21 shared trading days). Both have run at a similar volatility, around 237% annualised.
TABBYPURR
0.10over 21 shared trading days
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.
| Metric | TABBY | PURR |
|---|---|---|
| Max drawdown (400d) | -48.6% | -43.9% |
| Risk-adjusted return (90d) | 0.34 | 0.10 |
Relative strength over 90 days: PURR outperformed TABBY by 32.8% — measured on the TABBY/PURR ratio, so it holds regardless of market direction.