Ozapay vs Zebec Network

Zebec Network (ZBCN) is 5.5× the size of Ozapay (OZA) by market capitalisation. Over the past 30 days, ZBCN is ahead by 37.8 percentage points (OZA -26.7% against ZBCN +11.1%). Their daily returns move barely together (correlation 0.24 across 51 shared trading days). ZBCN has been the more volatile of the two, at 106% annualised against OZA's 91%.

Correlation: 0.24
Size ratio: 1 : 5.5
Ahead over 30 days: ZBCN

OzapayOZA

$0.040671

24h: +0.00%
Market cap: $36.99M
Volume 24h: —
Volatility (ann.): 91%

Zebec NetworkZBCN

$0.002022

24h: +1.53%
Market cap: $202.19M
Volume 24h: $8.71M
Volatility (ann.): 106%

OZA 15.5%Share of the two combined market caps84.5% ZBCN

Performance

OZAZBCN

7 days+2.62%-3.68%OZA
30 days-26.65%+11.12%ZBCN

Correlation

0.24over 51 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2290d: 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	OZA	ZBCN
Max drawdown (400d)	-33.1%	-20.8%
Risk-adjusted return (90d)	-0.25	0.23

Relative strength over 90 days: ZBCN outperformed OZA by 29.4% — measured on the OZA/ZBCN ratio, so it holds regardless of market direction.

Ozapay →Zebec Network →