OKB (OKB) is 235.7× the size of Fluent (BLEND) by market capitalisation. Their daily returns move loosely together (correlation 0.52 across 45 shared trading days). BLEND has been the more volatile of the two, at 94% annualised against OKB's 53%.
BLENDOKB
0.52over 45 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 | BLEND | OKB |
|---|---|---|
| Max drawdown (400d) | -35.0% | -12.2% |
| Risk-adjusted return (90d) | -0.26 | 0.06 |
Relative strength over 90 days: OKB outperformed BLEND by 24.3% — measured on the BLEND/OKB ratio, so it holds regardless of market direction.