MCOIN vs Zebec Network

Zebec Network (ZBCN) is 35.8× the size of MCOIN (MCOIN) by market capitalisation. Over the past 30 days, ZBCN is ahead by 37.6 percentage points (MCOIN -26.5% against ZBCN +11.1%). Their daily returns move loosely together (correlation 0.46 across 23 shared trading days). ZBCN has been the more volatile of the two, at 106% annualised against MCOIN's 74%.

Correlation: 0.46
Size ratio: 1 : 35.8
Ahead over 30 days: ZBCN

MCOINMCOIN

$0.030882

24h: +0.02%
Market cap: $5.47M
Volume 24h: $77,925
Volatility (ann.): 74%

Zebec NetworkZBCN

$0.001957

24h: -0.70%
Market cap: $195.72M
Volume 24h: $8.57M
Volatility (ann.): 106%

MCOIN 2.7%Share of the two combined market caps97.3% ZBCN

Performance

MCOINZBCN

7 days-4.15%-3.68%ZBCN
30 days-26.45%+11.12%ZBCN

Correlation

0.46over 23 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	MCOIN	ZBCN
Max drawdown (400d)	-30.9%	-20.8%
Risk-adjusted return (90d)	-0.36	0.23

Relative strength over 90 days: ZBCN outperformed MCOIN by 30.5% — measured on the MCOIN/ZBCN ratio, so it holds regardless of market direction.

MCOIN →Zebec Network →