TheCat vs Purr

Purr (PURR) is 271.0× the size of TheCat (THECAT) by market capitalisation. Over the past 30 days, PURR is ahead by 29.9 percentage points (THECAT -21.4% against PURR +8.4%). Their daily returns move barely in opposite directions (correlation -0.02 across 21 shared trading days). PURR has been the more volatile of the two, at 222% annualised against THECAT's 48%.

Correlation: -0.02
Size ratio: 1 : 271.0
Ahead over 30 days: PURR

TheCatTHECAT

$0.000324

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

PurrPURR

$0.116521

24h: +4.68%
Market cap: $69.29M
Volume 24h: $1.62M
Volatility (ann.): 222%

THECAT 0.4%Share of the two combined market caps99.6% PURR

Performance

THECATPURR

7 days-6.17%+16.19%PURR
30 days-21.45%+8.42%PURR

Correlation

-0.02over 21 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	PURR
Max drawdown (400d)	-24.4%	-43.9%
Risk-adjusted return (90d)	-0.43	0.10

Relative strength over 90 days: PURR outperformed THECAT by 20.5% — measured on the THECAT/PURR ratio, so it holds regardless of market direction.

TheCat →Purr →