TheCat vs Popcat

Popcat (POPCAT) is 152.1× the size of TheCat (THECAT) by market capitalisation. Over the past 30 days, POPCAT is ahead by 5.7 percentage points (THECAT -21.4% against POPCAT -15.8%). Their daily returns move barely together (correlation 0.03 across 20 shared trading days). POPCAT has been the more volatile of the two, at 102% annualised against THECAT's 48%.

Correlation: 0.03
Size ratio: 1 : 152.1
Ahead over 30 days: POPCAT

TheCatTHECAT

$0.000324

24h: +4.44%
Market cap: $255,680
Volume 24h: $2
Volatility (ann.): 48%

PopcatPOPCAT

$0.039679

24h: +0.89%
Market cap: $38.88M
Volume 24h: $3.83M
Volatility (ann.): 102%

THECAT 0.7%Share of the two combined market caps99.3% POPCAT

Performance

THECATPOPCAT

7 days-6.17%-8.15%THECAT
30 days-21.45%-15.77%POPCAT

Correlation

0.03over 20 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	THECAT	POPCAT
Max drawdown (400d)	-24.4%	-35.5%
Risk-adjusted return (90d)	-0.43	-0.13

Relative strength over 90 days: THECAT outperformed POPCAT by 5.8% — measured on the THECAT/POPCAT ratio, so it holds regardless of market direction.

TheCat →Popcat →