BANCOR (BANCOR) and UBI (UBI) compared side by side. Over the past 30 days, BANCOR is ahead by 8.2 percentage points (BANCOR -62.4% against UBI -70.7%). Their daily returns move barely together (correlation 0.25 across 26 shared trading days). BANCOR has been the more volatile of the two, at 2427% annualised against UBI's 324%.
BANCORUBI
0.25over 26 shared trading days
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.
| Metric | BANCOR | UBI |
|---|---|---|
| Max drawdown (400d) | -89.2% | -81.0% |
| Risk-adjusted return (90d) | -0.03 | -0.24 |
Relative strength over 90 days: BANCOR outperformed UBI by 72.8% — measured on the BANCOR/UBI ratio, so it holds regardless of market direction.