upsidedowncat vs Anonymous Cat

Anonymous Cat (ZCAT) is 931.5× the size of upsidedowncat (USDCAT) by market capitalisation. Over the past 30 days, USDCAT is ahead by 32.7 percentage points (USDCAT -28.8% against ZCAT -61.5%). Their daily returns move barely in opposite directions (correlation -0.12 across 31 shared trading days). ZCAT has been the more volatile of the two, at 287% annualised against USDCAT's 82%.

Correlation: -0.12
Size ratio: 1 : 931.5
Ahead over 30 days: USDCAT

upsidedowncatUSDCAT

$2.440e-6

24h: —
Market cap: $20,845
Volume 24h: $37
Volatility (ann.): 82%

Anonymous CatZCAT

$0.020109

24h: -25.13%
Market cap: $19.42M
Volume 24h: $2.40M
Volatility (ann.): 287%

USDCAT 0.1%Share of the two combined market caps99.9% ZCAT

Performance

USDCATZCAT

7 days-12.17%-34.84%USDCAT
30 days-28.82%-61.47%USDCAT

Correlation

-0.12over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1290d: 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	USDCAT	ZCAT
Max drawdown (400d)	-33.1%	-69.4%
Risk-adjusted return (90d)	-0.35	-0.21

Relative strength over 90 days: USDCAT outperformed ZCAT by 38.4% — measured on the USDCAT/ZCAT ratio, so it holds regardless of market direction.

upsidedowncat →Anonymous Cat →