Zerebro (ZEREBRO) is 3300.8× the size of Big Tom Coin (BTC) by market capitalisation. Their daily returns move loosely together (correlation 0.50 across 20 shared trading days). BTC has been the more volatile of the two, at 122% annualised against ZEREBRO's 81%.
BTCZEREBRO
0.50over 20 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 | BTC | ZEREBRO |
|---|---|---|
| Max drawdown (400d) | -78.0% | -40.7% |
| Risk-adjusted return (90d) | -0.41 | -0.42 |
Relative strength over 90 days: BTC outperformed ZEREBRO by 37.1% — measured on the BTC/ZEREBRO ratio, so it holds regardless of market direction.