Mike vs Anonymous Cat

Anonymous Cat (ZCAT) is 4318.4× the size of Mike (MIKE) by market capitalisation. Over the past 30 days, MIKE is ahead by 33.1 percentage points (MIKE -10.3% against ZCAT -43.4%). Their daily returns move barely together (correlation 0.04 across 25 shared trading days). ZCAT has been the more volatile of the two, at 290% annualised against MIKE's 54%.

Correlation: 0.04
Size ratio: 1 : 4318.4
Ahead over 30 days: MIKE

MikeMIKE

$5.580e-6

24h: -1.46%
Market cap: $5,584
Volume 24h: $20
Volatility (ann.): 54%

Anonymous CatZCAT

$0.024963

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

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

Performance

MIKEZCAT

7 days-5.99%-47.53%MIKE
30 days-10.32%-43.37%MIKE

Correlation

0.04over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0490d: 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	MIKE	ZCAT
Max drawdown (400d)	-13.0%	-67.3%
Risk-adjusted return (90d)	-0.19	-0.20

Relative strength over 90 days: MIKE outperformed ZCAT by 58.8% — measured on the MIKE/ZCAT ratio, so it holds regardless of market direction.

Mike →Anonymous Cat →