Zypto Token vs Ultima

Ultima (ULTIMA) is 64.0× the size of Zypto Token (ZYPTO) by market capitalisation. Over the past 30 days, ZYPTO is ahead by 8.1 percentage points (ZYPTO -33.1% against ULTIMA -41.2%). Their daily returns move barely together (correlation 0.31 across 31 shared trading days). ZYPTO has been the more volatile of the two, at 103% annualised against ULTIMA's 52%.

Correlation: 0.31
Size ratio: 1 : 64.0
Ahead over 30 days: ZYPTO

Zypto TokenZYPTO

$0.001723

24h: -6.13%
Market cap: $1.54M
Volume 24h: $4,583
Volatility (ann.): 103%

UltimaULTIMA

$1,163.39

24h: +0.30%
Market cap: $98.55M
Volume 24h: $5.88M
Volatility (ann.): 52%

ZYPTO 1.5%Share of the two combined market caps98.5% ULTIMA

Performance

ZYPTOULTIMA

7 days-23.62%-6.81%ULTIMA
30 days-33.07%-41.19%ZYPTO

Correlation

0.31over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3190d: 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	ZYPTO	ULTIMA
Max drawdown (400d)	-39.0%	-51.6%
Risk-adjusted return (90d)	-0.38	-0.96

Relative strength over 90 days: ZYPTO outperformed ULTIMA by 20.8% — measured on the ZYPTO/ULTIMA ratio, so it holds regardless of market direction.

Zypto Token →Ultima →