Bookie AI vs Opinion

Opinion (OPN) is 1167.8× the size of Bookie AI (BOOKIE) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.12 across 21 shared trading days). OPN has been the more volatile of the two, at 169% annualised against BOOKIE's 60%.

Correlation: -0.12
Size ratio: 1 : 1167.8

Bookie AIBOOKIE

$7.690e-6

24h: +3.39%
Market cap: $7,634
Volume 24h: $8
Volatility (ann.): 60%

OpinionOPN

$0.041700

24h: -1.90%
Market cap: $8.92M
Volume 24h: $7.34M
Volatility (ann.): 169%

BOOKIE 0.1%Share of the two combined market caps99.9% OPN

Performance

BOOKIEOPN

7 days-8.83%-13.79%BOOKIE
30 days—-26.72%—
90 days—-20.56%—

Correlation

-0.12over 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	BOOKIE	OPN
Max drawdown (400d)	-25.8%	-88.8%
Risk-adjusted return (90d)	-0.38	-0.23

Relative strength over 90 days: BOOKIE outperformed OPN by 13.1% — measured on the BOOKIE/OPN ratio, so it holds regardless of market direction.

Bookie AI →Opinion →