BLACK HOLE vs Zano

Zano (ZANO) is 720.4× the size of BLACK HOLE (BLKH) by market capitalisation. Over the past 30 days, BLKH is ahead by 23.0 percentage points (BLKH -6.3% against ZANO -29.2%). Their daily returns move barely together (correlation 0.05 across 21 shared trading days). BLKH has been the more volatile of the two, at 164% annualised against ZANO's 137%.

Correlation: 0.05
Size ratio: 1 : 720.4
Ahead over 30 days: BLKH

BLACK HOLEBLKH

$0.000179

24h: +2.72%
Market cap: $101,170
Volume 24h: $269
Volatility (ann.): 164%

ZanoZANO

$4.7100

24h: +27.47%
Market cap: $72.89M
Volume 24h: $1.22M
Volatility (ann.): 137%

BLKH 0.1%Share of the two combined market caps99.9% ZANO

Performance

BLKHZANO

7 days-8.39%+19.95%ZANO
30 days-6.25%-29.20%BLKH

Correlation

0.05over 21 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	BLKH	ZANO
Max drawdown (400d)	-27.9%	-61.7%
Risk-adjusted return (90d)	-0.04	-0.33

Relative strength over 90 days: ZANO outperformed BLKH by 0.4% — measured on the BLKH/ZANO ratio, so it holds regardless of market direction.

BLACK HOLE →Zano →