OKB (OKB) is 201.4× the size of Corn (CORN) by market capitalisation. Over the past 30 days, CORN is ahead by 5.8 percentage points (CORN +1.2% against OKB -4.7%). Their daily returns move loosely together (correlation 0.36 across 22 shared trading days). OKB has been the more volatile of the two, at 53% annualised against CORN's 7%.
CORNOKB
0.36over 22 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 | CORN | OKB |
|---|---|---|
| Max drawdown (400d) | -1.1% | -12.2% |
| Risk-adjusted return (90d) | 0.16 | 0.06 |
Relative strength over 90 days: OKB outperformed CORN by 3.7% — measured on the CORN/OKB ratio, so it holds regardless of market direction.