Goldfinch vs Zebec Network

Zebec Network (ZBCN) is 64.1× the size of Goldfinch (GFI) by market capitalisation. Over the past 30 days, GFI is ahead by 9.9 percentage points (GFI +21.1% against ZBCN +11.1%). Their daily returns move closely together (correlation 0.80 across 31 shared trading days). GFI has been the more volatile of the two, at 162% annualised against ZBCN's 106%.

Correlation: 0.80
Size ratio: 1 : 64.1
Ahead over 30 days: GFI

GoldfinchGFI

$0.033117

24h: -0.29%
Market cap: $3.15M
Volume 24h: $14,928
Volatility (ann.): 162%

Zebec NetworkZBCN

$0.002022

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

GFI 1.5%Share of the two combined market caps98.5% ZBCN

Performance

GFIZBCN

7 days-10.04%-3.68%ZBCN
30 days+21.06%+11.12%GFI

Correlation

0.80over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.8090d: 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	GFI	ZBCN
Max drawdown (400d)	-36.6%	-20.8%
Risk-adjusted return (90d)	0.05	0.23

Relative strength over 90 days: GFI outperformed ZBCN by 1.7% — measured on the GFI/ZBCN ratio, so it holds regardless of market direction.

Goldfinch →Zebec Network →