The Bull Cat vs Anonymous Cat

Anonymous Cat (ZCAT) is 1804.0× the size of The Bull Cat (BULLCAT) by market capitalisation. Over the past 30 days, BULLCAT is ahead by 36.5 percentage points (BULLCAT -24.9% against ZCAT -61.5%). Their daily returns move barely together (correlation 0.05 across 36 shared trading days). ZCAT has been the more volatile of the two, at 287% annualised against BULLCAT's 147%.

Correlation: 0.05
Size ratio: 1 : 1804.0
Ahead over 30 days: BULLCAT

The Bull CatBULLCAT

$1.077e-5

24h: -7.00%
Market cap: $10,763
Volume 24h: $103
Volatility (ann.): 147%

Anonymous CatZCAT

$0.020109

24h: -25.13%
Market cap: $19.42M
Volume 24h: $2.40M
Volatility (ann.): 287%

BULLCAT 0.1%Share of the two combined market caps99.9% ZCAT

Performance

BULLCATZCAT

7 days-13.72%-34.84%BULLCAT
30 days-24.93%-61.47%BULLCAT

Correlation

0.05over 36 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1490d: 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	BULLCAT	ZCAT
Max drawdown (400d)	-36.9%	-69.4%
Risk-adjusted return (90d)	-0.21	-0.21

Relative strength over 90 days: BULLCAT outperformed ZCAT by 35.6% — measured on the BULLCAT/ZCAT ratio, so it holds regardless of market direction.

The Bull Cat →Anonymous Cat →