Wiki Cat vs Popcat

Popcat (POPCAT) is 1.5× the size of Wiki Cat (WKC) by market capitalisation. Over the past 30 days, POPCAT is ahead by 11.3 percentage points (WKC -28.1% against POPCAT -16.8%). Their daily returns move barely in opposite directions (correlation -0.10 across 52 shared trading days). Both have run at a similar volatility, around 110% annualised.

Correlation: -0.10
Size ratio: 1 : 1.5
Ahead over 30 days: POPCAT

Wiki CatWKC

$5.041e-8

24h: -4.59%
Market cap: $26.90M
Volume 24h: $389,449
Volatility (ann.): 116%

PopcatPOPCAT

$0.040286

24h: +1.72%
Market cap: $39.47M
Volume 24h: $3.90M
Volatility (ann.): 103%

WKC 40.5%Share of the two combined market caps59.5% POPCAT

Performance

WKCPOPCAT

7 days-16.53%-8.88%POPCAT
30 days-28.12%-16.79%POPCAT

Correlation

-0.10over 52 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.3190d: 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	WKC	POPCAT
Max drawdown (400d)	-58.1%	-35.5%
Risk-adjusted return (90d)	-0.47	-0.13

Relative strength over 90 days: POPCAT outperformed WKC by 41.8% — measured on the WKC/POPCAT ratio, so it holds regardless of market direction.

Wiki Cat →Popcat →