Laïka (LAIKA) and OKB (OKB) compared side by side. Over the past 30 days, OKB is ahead by 19.9 percentage points (LAIKA -22.4% against OKB -2.5%). Their daily returns move barely together (correlation 0.29 across 24 shared trading days). Both have run at a similar volatility, around 56% annualised.
LAIKAOKB
0.29over 24 shared trading days
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.
| Metric | LAIKA | OKB |
|---|---|---|
| Max drawdown (400d) | -35.2% | -12.2% |
| Risk-adjusted return (90d) | -0.51 | 0.11 |
Relative strength over 90 days: OKB outperformed LAIKA by 12.6% — measured on the LAIKA/OKB ratio, so it holds regardless of market direction.