Zylo Ecosystem (ZYLO) is 163.4× the size of Bombie (BOMB) by market capitalisation. Their daily returns move very closely together (correlation 0.90 across 21 shared trading days). BOMB has been the more volatile of the two, at 144% annualised against ZYLO's 119%.
BOMBZYLO
0.90over 21 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 | BOMB | ZYLO |
|---|---|---|
| Max drawdown (400d) | -100.0% | -45.5% |
| Risk-adjusted return (90d) | -0.48 | -0.20 |
Relative strength over 90 days: ZYLO outperformed BOMB by 100.0% — measured on the BOMB/ZYLO ratio, so it holds regardless of market direction.