WAWA CAT vs Anonymous Cat

Anonymous Cat (ZCAT) is 609.8× the size of WAWA CAT (WAWA) by market capitalisation. Over the past 30 days, WAWA is ahead by 28.2 percentage points (WAWA -15.2% against ZCAT -43.4%). Their daily returns move loosely together (correlation 0.45 across 32 shared trading days). ZCAT has been the more volatile of the two, at 290% annualised against WAWA's 52%.

Correlation: 0.45
Size ratio: 1 : 609.8
Ahead over 30 days: WAWA

WAWA CATWAWA

$3.993e-5

24h: +4.76%
Market cap: $39,545
Volume 24h: $19
Volatility (ann.): 52%

Anonymous CatZCAT

$0.024963

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

WAWA 0.2%Share of the two combined market caps99.8% ZCAT

Performance

WAWAZCAT

7 days-5.54%-47.53%WAWA
30 days-15.22%-43.37%WAWA

Correlation

0.45over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5190d: 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	WAWA	ZCAT
Max drawdown (400d)	-16.8%	-67.3%
Risk-adjusted return (90d)	-0.27	-0.20

Relative strength over 90 days: WAWA outperformed ZCAT by 56.5% — measured on the WAWA/ZCAT ratio, so it holds regardless of market direction.

WAWA CAT →Anonymous Cat →