The Bull Cat vs Purr

Purr (PURR) is 5584.7× the size of The Bull Cat (BULLCAT) by market capitalisation. Over the past 30 days, PURR is ahead by 13.6 percentage points (BULLCAT -24.9% against PURR -11.3%). Their daily returns move barely together (correlation 0.04 across 22 shared trading days). PURR has been the more volatile of the two, at 223% annualised against BULLCAT's 147%.

Correlation: 0.04
Size ratio: 1 : 5584.7
Ahead over 30 days: PURR

The Bull CatBULLCAT

$1.077e-5

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

PurrPURR

$0.101087

24h: -13.98%
Market cap: $60.11M
Volume 24h: $2.35M
Volatility (ann.): 223%

BULLCAT 0.0%Share of the two combined market caps100.0% PURR

Performance

BULLCATPURR

7 days-13.72%-17.96%BULLCAT
30 days-24.93%-11.29%PURR

Correlation

0.04over 22 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	PURR
Max drawdown (400d)	-36.9%	-43.9%
Risk-adjusted return (90d)	-0.21	0.01

Relative strength over 90 days: PURR outperformed BULLCAT by 21.0% — measured on the BULLCAT/PURR ratio, so it holds regardless of market direction.

The Bull Cat →Purr →