There is no cap, ILY vs Anonymous Cat

Anonymous Cat (ZCAT) is 2184.6× the size of There is no cap, ILY (ILY) by market capitalisation. Over the past 30 days, ILY is ahead by 46.3 percentage points (ILY +2.9% against ZCAT -43.4%). Their daily returns move barely together (correlation 0.10 across 33 shared trading days). ZCAT has been the more volatile of the two, at 290% annualised against ILY's 33%.

Correlation: 0.10
Size ratio: 1 : 2184.6
Ahead over 30 days: ILY

There is no cap, ILYILY

$1.104e-5

24h: —
Market cap: $11,038
Volume 24h: $12
Volatility (ann.): 33%

Anonymous CatZCAT

$0.024963

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

ILY 0.0%Share of the two combined market caps100.0% ZCAT

Performance

ILYZCAT

7 days+12.03%-47.53%ILY
30 days+2.89%-43.37%ILY

Correlation

0.10over 33 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1090d: 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	ILY	ZCAT
Max drawdown (400d)	-8.2%	-67.3%
Risk-adjusted return (90d)	0.09	-0.20

Relative strength over 90 days: ILY outperformed ZCAT by 87.1% — measured on the ILY/ZCAT ratio, so it holds regardless of market direction.

There is no cap, ILY →Anonymous Cat →