Nookplot vs Unibase

Unibase (UB) is 1716.1× the size of Nookplot (NOOK) by market capitalisation. Over the past 30 days, UB is ahead by 28.8 percentage points (NOOK -45.7% against UB -16.8%). Their daily returns move loosely together (correlation 0.56 across 27 shared trading days). NOOK has been the more volatile of the two, at 159% annualised against UB's 101%.

Correlation: 0.56
Size ratio: 1 : 1716.1
Ahead over 30 days: UB

NookplotNOOK

$1.660e-6

24h: +6.46%
Market cap: $165,342
Volume 24h: $25,735
Volatility (ann.): 159%

UnibaseUB

$0.113498

24h: +8.30%
Market cap: $283.74M
Volume 24h: $9.53M
Volatility (ann.): 101%

NOOK 0.1%Share of the two combined market caps99.9% UB

Performance

NOOKUB

7 days-3.92%-7.80%NOOK
30 days-45.66%-16.85%UB

Correlation

0.56over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5690d: 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	NOOK	UB
Max drawdown (400d)	-58.5%	-31.0%
Risk-adjusted return (90d)	-0.31	-0.05

Relative strength over 90 days: UB outperformed NOOK by 46.2% — measured on the NOOK/UB ratio, so it holds regardless of market direction.

Nookplot →Unibase →