Obi PNut Kenobi vs BULLA

BULLA (BULLA) is 644.3× the size of Obi PNut Kenobi (OPK) by market capitalisation. Over the past 30 days, BULLA is ahead by 12.8 percentage points (OPK -20.4% against BULLA -7.5%). Their daily returns move barely together (correlation 0.12 across 20 shared trading days). BULLA has been the more volatile of the two, at 623% annualised against OPK's 42%.

Correlation: 0.12
Size ratio: 1 : 644.3
Ahead over 30 days: BULLA

Obi PNut KenobiOPK

$4.253e-5

24h: +4.26%
Market cap: $42,484
Volume 24h: $13
Volatility (ann.): 42%

BULLABULLA

$0.068797

24h: -1.99%
Market cap: $27.37M
Volume 24h: $2.03M
Volatility (ann.): 623%

OPK 0.2%Share of the two combined market caps99.8% BULLA

Performance

OPKBULLA

7 days-3.69%-0.63%BULLA
30 days-20.38%-7.54%BULLA

Correlation

0.12over 20 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	OPK	BULLA
Max drawdown (400d)	-23.7%	-54.3%
Risk-adjusted return (90d)	-0.47	0.47

Relative strength over 90 days: BULLA outperformed OPK by 11.8% — measured on the OPK/BULLA ratio, so it holds regardless of market direction.

Obi PNut Kenobi →BULLA →