OKB (OKB) is 149.9× the size of MAX (MAX) by market capitalisation. Over the past 30 days, OKB is ahead by 95.3 percentage points (MAX -100.0% against OKB -4.7%). Their daily returns move loosely together (correlation 0.57 across 25 shared trading days). MAX has been the more volatile of the two, at 357% annualised against OKB's 53%.
MAXOKB
0.57over 25 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 | MAX | OKB |
|---|---|---|
| Max drawdown (400d) | -100.0% | -12.2% |
| Risk-adjusted return (90d) | -0.28 | 0.06 |
Relative strength over 90 days: OKB outperformed MAX by 100.0% — measured on the MAX/OKB ratio, so it holds regardless of market direction.