Somnium Space CUBEs (CUBE) is 1.0× the size of CEEK Smart VR (CEEK) by market capitalisation. Their daily returns move barely together (correlation 0.13 across 28 shared trading days). CUBE has been the more volatile of the two, at 112% annualised against CEEK's 81%.
CEEKCUBE
0.13over 28 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 | CEEK | CUBE |
|---|---|---|
| Max drawdown (400d) | -75.0% | -28.2% |
| Risk-adjusted return (90d) | 0.31 | -0.25 |
Relative strength over 90 days: CEEK outperformed CUBE by 20.9% — measured on the CEEK/CUBE ratio, so it holds regardless of market direction.