Jatevo vs Unibase

Unibase (UB) is 1805.9× the size of Jatevo (JTVO) by market capitalisation. Over the past 30 days, UB is ahead by 13.7 percentage points (JTVO -30.6% against UB -16.8%). Their daily returns move barely in opposite directions (correlation -0.06 across 24 shared trading days). JTVO has been the more volatile of the two, at 169% annualised against UB's 101%.

Correlation: -0.06
Size ratio: 1 : 1805.9
Ahead over 30 days: UB

JatevoJTVO

$0.000154

24h: +5.43%
Market cap: $153,778
Volume 24h: $1,005
Volatility (ann.): 169%

UnibaseUB

$0.111084

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

JTVO 0.1%Share of the two combined market caps99.9% UB

Performance

JTVOUB

7 days+1.19%-7.80%JTVO
30 days-30.59%-16.85%UB

Correlation

-0.06over 24 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	JTVO	UB
Max drawdown (400d)	-43.5%	-31.0%
Risk-adjusted return (90d)	-0.22	-0.05

Relative strength over 90 days: UB outperformed JTVO by 16.0% — measured on the JTVO/UB ratio, so it holds regardless of market direction.

Jatevo →Unibase →