MSV Protocol (MSVP) and Zebec Network (ZBCN) compared side by side. Over the past 30 days, ZBCN is ahead by 98.4 percentage points (MSVP -87.3% against ZBCN +11.1%). Their daily returns move barely together (correlation 0.12 across 22 shared trading days). MSVP has been the more volatile of the two, at 378% annualised against ZBCN's 106%.
MSVPZBCN
0.12over 22 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 | MSVP | ZBCN |
|---|---|---|
| Max drawdown (400d) | -88.1% | -20.8% |
| Risk-adjusted return (90d) | -0.23 | 0.23 |
Relative strength over 90 days: ZBCN outperformed MSVP by 78.0% — measured on the MSVP/ZBCN ratio, so it holds regardless of market direction.