Ton Cat vs Anonymous Cat

Anonymous Cat (ZCAT) is 385.5× the size of Ton Cat (TCAT) by market capitalisation. Over the past 30 days, TCAT is ahead by 0.8 percentage points (TCAT -42.5% against ZCAT -43.4%). Their daily returns move barely together (correlation 0.27 across 30 shared trading days). ZCAT has been the more volatile of the two, at 290% annualised against TCAT's 75%.

Correlation: 0.27
Size ratio: 1 : 385.5
Ahead over 30 days: TCAT

Ton CatTCAT

$9.818e-5

24h: -0.51%
Market cap: $62,545
Volume 24h: $69
Volatility (ann.): 75%

Anonymous CatZCAT

$0.024963

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

TCAT 0.3%Share of the two combined market caps99.7% ZCAT

Performance

TCATZCAT

7 days-5.58%-47.53%TCAT
30 days-42.53%-43.37%TCAT

Correlation

0.27over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2790d: 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	TCAT	ZCAT
Max drawdown (400d)	-42.5%	-67.3%
Risk-adjusted return (90d)	-0.57	-0.20

Relative strength over 90 days: TCAT outperformed ZCAT by 4.5% — measured on the TCAT/ZCAT ratio, so it holds regardless of market direction.

Ton Cat →Anonymous Cat →