COPY (COPY) and okbet (OK) compared side by side. Over the past 30 days, OK is ahead by 19.1 percentage points (COPY -58.9% against OK -39.8%). Their daily returns move barely together (correlation 0.17 across 31 shared trading days). COPY has been the more volatile of the two, at 412% annualised against OK's 154%.
COPYOK
0.17over 31 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 | COPY | OK |
|---|---|---|
| Max drawdown (400d) | -79.1% | -40.0% |
| Risk-adjusted return (90d) | -0.13 | -0.26 |
Relative strength over 90 days: OK outperformed COPY by 26.1% — measured on the COPY/OK ratio, so it holds regardless of market direction.