Celer Network (CELR) is 16.9× the size of Orbiter Finance (OBT) by market capitalisation. Over the past 1 year, CELR is ahead by 42.7 percentage points (CELR -51.3% against OBT -94.0%). Their daily returns move loosely together (correlation 0.40 across 372 shared trading days). Both have run at a similar volatility, around 85% annualised.
CELROBT
0.40over 372 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 | CELR | OBT |
|---|---|---|
| Max drawdown (400d) | -81.7% | -94.8% |
| Risk-adjusted return (90d) | 0.37 | -0.23 |
| Best 30 days (past year) | +59.5% | +31.0% |
| Worst 30 days (past year) | -48.1% | -56.7% |
Relative strength over 90 days: CELR outperformed OBT by 71.3% — measured on the CELR/OBT ratio, so it holds regardless of market direction.