DATA HEDGE vs Unibase

Unibase (UB) is 11416.6× the size of DATA HEDGE (DATA) by market capitalisation. Over the past 30 days, UB is ahead by 56.1 percentage points (DATA -73.0% against UB -16.8%). Their daily returns move loosely together (correlation 0.57 across 27 shared trading days). DATA has been the more volatile of the two, at 385% annualised against UB's 101%.

Correlation: 0.57
Size ratio: 1 : 11416.6
Ahead over 30 days: UB

DATA HEDGEDATA

$2.433e-5

24h: +11.63%
Market cap: $24,325
Volume 24h: $567
Volatility (ann.): 385%

UnibaseUB

$0.111084

24h: +5.43%
Market cap: $277.71M
Volume 24h: $9.39M
Volatility (ann.): 101%

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

Performance

DATAUB

7 days-25.58%-7.80%UB
30 days-72.96%-16.85%UB

Correlation

0.57over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5790d: 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	DATA	UB
Max drawdown (400d)	-88.2%	-31.0%
Risk-adjusted return (90d)	-0.19	-0.05

Relative strength over 90 days: UB outperformed DATA by 69.3% — measured on the DATA/UB ratio, so it holds regardless of market direction.

DATA HEDGE →Unibase →