OKZOO vs Grass

Grass (GRASS) is 8.8× the size of OKZOO (AIOT) by market capitalisation. Over the past 30 days, AIOT is ahead by 43.4 percentage points (AIOT +115.9% against GRASS +72.4%). Their daily returns move barely together (correlation 0.28 across 35 shared trading days). GRASS has been the more volatile of the two, at 213% annualised against AIOT's 90%.

Correlation: 0.28
Size ratio: 1 : 8.8
Ahead over 30 days: AIOT

OKZOOAIOT

$0.093250

24h: +4.61%
Market cap: $48.98M
Volume 24h: $1.28M
Volatility (ann.): 90%

GrassGRASS

$0.597418

24h: +5.22%
Market cap: $431.31M
Volume 24h: $20.37M
Volatility (ann.): 213%

AIOT 10.2%Share of the two combined market caps89.8% GRASS

Performance

AIOTGRASS

7 days+25.24%-23.53%AIOT
30 days+115.87%+72.43%AIOT

Correlation

0.28over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2790d: 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	AIOT	GRASS
Max drawdown (400d)	-7.6%	-25.3%
Risk-adjusted return (90d)	1.52	0.35

Relative strength over 90 days: AIOT outperformed GRASS by 45.4% — measured on the AIOT/GRASS ratio, so it holds regardless of market direction.

OKZOO →Grass →