ONINO vs Zebec Network

Zebec Network (ZBCN) is 832.9× the size of ONINO (ONI) by market capitalisation. Over the past 30 days, ONI is ahead by 14.3 percentage points (ONI +24.7% against ZBCN +10.3%). Their daily returns move barely together (correlation 0.20 across 28 shared trading days). ONI has been the more volatile of the two, at 563% annualised against ZBCN's 105%.

Correlation: 0.20
Size ratio: 1 : 832.9
Ahead over 30 days: ONI

ONINOONI

$0.005485

24h: +7.90%
Market cap: $236,372
Volume 24h: $690
Volatility (ann.): 563%

Zebec NetworkZBCN

$0.001969

24h: +1.64%
Market cap: $196.88M
Volume 24h: $8.06M
Volatility (ann.): 105%

ONI 0.1%Share of the two combined market caps99.9% ZBCN

Performance

ONIZBCN

7 days-0.98%-5.37%ONI
30 days+24.65%+10.31%ONI

Correlation

0.20over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2090d: 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	ONI	ZBCN
Max drawdown (400d)	-61.8%	-20.8%
Risk-adjusted return (90d)	0.00	0.24

Relative strength over 90 days: ZBCN outperformed ONI by 6.7% — measured on the ONI/ZBCN ratio, so it holds regardless of market direction.

ONINO →Zebec Network →