Zcash (ZEC) is 33859.1× the size of BitBoard (BB) by market capitalisation. Over the past 1 year, ZEC is ahead by 273.3 percentage points (BB -92.4% against ZEC +181.0%). Their daily returns move barely in opposite directions (correlation -0.02 across 399 shared trading days). BB has been the more volatile of the two, at 12331% annualised against ZEC's 149%.
BBZEC
-0.02over 399 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 | BB | ZEC |
|---|---|---|
| Max drawdown (400d) | -100.0% | -71.8% |
| Risk-adjusted return (90d) | 0.00 | 1.06 |
| Best 30 days (past year) | +12861.0% | +188.2% |
| Worst 30 days (past year) | -99.5% | -59.2% |
Relative strength over 90 days: ZEC outperformed BB by 78.5% — measured on the BB/ZEC ratio, so it holds regardless of market direction.