JustMoney vs Zama

Zama (ZAMA) is 712.7× the size of JustMoney (JM) by market capitalisation. Over the past 90 days, ZAMA is ahead by 47.9 percentage points (JM -14.3% against ZAMA +33.6%). Their daily returns move barely together (correlation 0.21 across 185 shared trading days). ZAMA has been the more volatile of the two, at 123% annualised against JM's 61%.

Correlation: 0.21
Size ratio: 1 : 712.7
Ahead over 90 days: ZAMA

JustMoneyJM

$3.940e-6

24h: +6.81%
Market cap: $258,553
Volume 24h: $13
Volatility (ann.): 61%

ZamaZAMA

$0.071683

24h: +5.13%
Market cap: $184.28M
Volume 24h: $9.41M
Volatility (ann.): 123%

JM 0.1%Share of the two combined market caps99.9% ZAMA

Performance

JMZAMA

7 days-20.60%-7.24%ZAMA
30 days-16.70%-18.13%JM
90 days-14.30%+33.64%ZAMA

Correlation

0.21over 185 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3190d: 0.241y: 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	JM	ZAMA
Max drawdown (400d)	-42.9%	-48.7%
Risk-adjusted return (90d)	-0.24	0.24

Relative strength over 90 days: ZAMA outperformed JM by 60.0% — measured on the JM/ZAMA ratio, so it holds regardless of market direction.

JustMoney →Zama →