Credible Finance vs Zebec Network

Zebec Network (ZBCN) is 12.6× the size of Credible Finance (CRED) by market capitalisation. Over the past 30 days, CRED is ahead by 28.1 percentage points (CRED +39.2% against ZBCN +11.1%). Their daily returns move barely together (correlation 0.18 across 33 shared trading days). CRED has been the more volatile of the two, at 149% annualised against ZBCN's 106%.

Correlation: 0.18
Size ratio: 1 : 12.6
Ahead over 30 days: CRED

Credible FinanceCRED

$0.710045

24h: +1.77%
Market cap: $16.09M
Volume 24h: $28,433
Volatility (ann.): 149%

Zebec NetworkZBCN

$0.002022

24h: +1.53%
Market cap: $202.19M
Volume 24h: $8.71M
Volatility (ann.): 106%

CRED 7.4%Share of the two combined market caps92.6% ZBCN

Performance

CREDZBCN

7 days-1.80%-3.68%CRED
30 days+39.17%+11.12%CRED

Correlation

0.18over 33 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2190d: 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	CRED	ZBCN
Max drawdown (400d)	-33.7%	-20.8%
Risk-adjusted return (90d)	0.10	0.23

Relative strength over 90 days: CRED outperformed ZBCN by 11.4% — measured on the CRED/ZBCN ratio, so it holds regardless of market direction.

Credible Finance →Zebec Network →