Oobit vs Zebec Network

Zebec Network (ZBCN) is 59.2× the size of Oobit (OOB) by market capitalisation. Over the past 30 days, ZBCN is ahead by 50.5 percentage points (OOB -39.4% against ZBCN +11.1%). Their daily returns move barely in opposite directions (correlation -0.14 across 30 shared trading days). Both have run at a similar volatility, around 107% annualised.

Correlation: -0.14
Size ratio: 1 : 59.2
Ahead over 30 days: ZBCN

OobitOOB

$0.005830

24h: -1.63%
Market cap: $3.38M
Volume 24h: $60,190
Volatility (ann.): 107%

Zebec NetworkZBCN

$0.002000

24h: +0.64%
Market cap: $199.99M
Volume 24h: $8.64M
Volatility (ann.): 106%

OOB 1.7%Share of the two combined market caps98.3% ZBCN

Performance

OOBZBCN

7 days-36.69%-3.68%ZBCN
30 days-39.35%+11.12%ZBCN

Correlation

-0.14over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1490d: 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	OOB	ZBCN
Max drawdown (400d)	-42.8%	-20.8%
Risk-adjusted return (90d)	-0.31	0.23

Relative strength over 90 days: ZBCN outperformed OOB by 35.2% — measured on the OOB/ZBCN ratio, so it holds regardless of market direction.

Oobit →Zebec Network →