Wen vs Popcat

Popcat (POPCAT) is 10.6× the size of Wen (WEN) by market capitalisation. Over the past 30 days, POPCAT is ahead by 51.4 percentage points (WEN -68.2% against POPCAT -16.8%). Their daily returns move barely together (correlation 0.01 across 36 shared trading days). WEN has been the more volatile of the two, at 1467545% annualised against POPCAT's 103%.

Correlation: 0.01
Size ratio: 1 : 10.6
Ahead over 30 days: POPCAT

WenWEN

$5.090e-6

24h: -0.33%
Market cap: $3.71M
Volume 24h: $91,648
Volatility (ann.): 1467545%

PopcatPOPCAT

$0.039945

24h: +3.36%
Market cap: $39.15M
Volume 24h: $3.59M
Volatility (ann.): 103%

WEN 8.6%Share of the two combined market caps91.4% POPCAT

Performance

WENPOPCAT

7 days-50.76%-8.88%POPCAT
30 days-68.24%-16.79%POPCAT

Correlation

0.01over 36 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0190d: 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	WEN	POPCAT
Max drawdown (400d)	-100.0%	-35.5%
Risk-adjusted return (90d)	0.00	-0.13

Relative strength over 90 days: POPCAT outperformed WEN by 67.6% — measured on the WEN/POPCAT ratio, so it holds regardless of market direction.

Wen →Popcat →