The First Crypto Cat vs Anonymous Cat

Anonymous Cat (ZCAT) is 978.3× the size of The First Crypto Cat (BITCAT) by market capitalisation. Over the past 30 days, BITCAT is ahead by 14.7 percentage points (BITCAT -28.7% against ZCAT -43.4%). Their daily returns move barely together (correlation 0.32 across 35 shared trading days). ZCAT has been the more volatile of the two, at 290% annualised against BITCAT's 62%.

Correlation: 0.32
Size ratio: 1 : 978.3
Ahead over 30 days: BITCAT

The First Crypto CatBITCAT

$2.599e-5

24h: -5.59%
Market cap: $24,648
Volume 24h: $338
Volatility (ann.): 62%

Anonymous CatZCAT

$0.024963

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

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

Performance

BITCATZCAT

7 days-17.21%-47.53%BITCAT
30 days-28.72%-43.37%BITCAT

Correlation

0.32over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3990d: 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	BITCAT	ZCAT
Max drawdown (400d)	-30.1%	-67.3%
Risk-adjusted return (90d)	-0.45	-0.20

Relative strength over 90 days: BITCAT outperformed ZCAT by 31.3% — measured on the BITCAT/ZCAT ratio, so it holds regardless of market direction.

The First Crypto Cat →Anonymous Cat →