KIP vs Unibase

Unibase (UB) is 7174.9× the size of KIP (KIP) by market capitalisation. Over the past 30 days, KIP is ahead by 0.2 percentage points (KIP -16.6% against UB -16.8%). Their daily returns move barely in opposite directions (correlation -0.13 across 24 shared trading days). UB has been the more volatile of the two, at 101% annualised against KIP's 74%.

Correlation: -0.13
Size ratio: 1 : 7174.9
Ahead over 30 days: KIP

KIPKIP

$1.857e-5

24h: +28.12%
Market cap: $36,421
Volume 24h: $256
Volatility (ann.): 74%

UnibaseUB

$0.104527

24h: -5.86%
Market cap: $261.32M
Volume 24h: $10.40M
Volatility (ann.): 101%

KIP 0.0%Share of the two combined market caps100.0% UB

Performance

KIPUB

7 days+10.77%-7.80%KIP
30 days-16.65%-16.85%KIP

Correlation

-0.13over 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	KIP	UB
Max drawdown (400d)	-29.4%	-31.0%
Risk-adjusted return (90d)	-0.26	-0.05

Relative strength over 90 days: KIP outperformed UB by 9.5% — measured on the KIP/UB ratio, so it holds regardless of market direction.

KIP →Unibase →