Record Nexus vs Zebec Network

Zebec Network (ZBCN) is 3948.9× the size of Record Nexus (RECORD) by market capitalisation. Over the past 30 days, RECORD is ahead by 414.7 percentage points (RECORD +425.0% against ZBCN +10.3%). Their daily returns move loosely together (correlation 0.41 across 23 shared trading days). RECORD has been the more volatile of the two, at 250% annualised against ZBCN's 105%.

Correlation: 0.41
Size ratio: 1 : 3948.9
Ahead over 30 days: RECORD

Record NexusRECORD

$4.702e-5

24h: +7.24%
Market cap: $47,026
Volume 24h: $3
Volatility (ann.): 250%

Zebec NetworkZBCN

$0.001857

24h: -7.40%
Market cap: $185.70M
Volume 24h: $7.49M
Volatility (ann.): 105%

RECORD 0.0%Share of the two combined market caps100.0% ZBCN

Performance

RECORDZBCN

7 days-6.38%-5.37%ZBCN
30 days+425.02%+10.31%RECORD

Correlation

0.41over 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	RECORD	ZBCN
Max drawdown (400d)	-18.3%	-20.8%
Risk-adjusted return (90d)	1.87	0.24

Relative strength over 90 days: RECORD outperformed ZBCN by 100.6% — measured on the RECORD/ZBCN ratio, so it holds regardless of market direction.

Record Nexus →Zebec Network →