CharacterX vs Unibase

Unibase (UB) is 2393.3× the size of CharacterX (CAI) by market capitalisation. Over the past 30 days, UB is ahead by 86.8 percentage points (CAI -98.7% against UB -11.9%). Their daily returns move barely together (correlation 0.05 across 30 shared trading days). CAI has been the more volatile of the two, at 471% annualised against UB's 101%.

Correlation: 0.05
Size ratio: 1 : 2393.3
Ahead over 30 days: UB

CharacterXCAI

$0.001111

24h: +1.48%
Market cap: $111,073
Volume 24h: $108
Volatility (ann.): 471%

UnibaseUB

$0.106333

24h: -1.52%
Market cap: $265.83M
Volume 24h: $8.41M
Volatility (ann.): 101%

CAI 0.0%Share of the two combined market caps100.0% UB

Performance

CAIUB

7 days-2.12%-12.37%CAI
30 days-98.69%-11.87%UB

Correlation

0.05over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0590d: 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	CAI	UB
Max drawdown (400d)	-98.7%	-31.0%
Risk-adjusted return (90d)	-0.21	-0.09

Relative strength over 90 days: UB outperformed CAI by 96.0% — measured on the CAI/UB ratio, so it holds regardless of market direction.

CharacterX →Unibase →