Populous vs Zebec Network

Zebec Network (ZBCN) is 17.9× the size of Populous (PPT) by market capitalisation. Over the past 30 days, PPT is ahead by 228.4 percentage points (PPT +239.5% against ZBCN +11.1%). Their daily returns move barely together (correlation 0.12 across 31 shared trading days). PPT has been the more volatile of the two, at 339% annualised against ZBCN's 106%.

Correlation: 0.12
Size ratio: 1 : 17.9
Ahead over 30 days: PPT

PopulousPPT

$0.210626

24h: -11.54%
Market cap: $11.03M
Volume 24h: $2,097
Volatility (ann.): 339%

Zebec NetworkZBCN

$0.001970

24h: -0.99%
Market cap: $196.98M
Volume 24h: $8.59M
Volatility (ann.): 106%

PPT 5.3%Share of the two combined market caps94.7% ZBCN

Performance

PPTZBCN

7 days+2.48%-3.68%PPT
30 days+239.50%+11.12%PPT

Correlation

0.12over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1290d: 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	PPT	ZBCN
Max drawdown (400d)	-29.1%	-20.8%
Risk-adjusted return (90d)	0.59	0.23

Relative strength over 90 days: PPT outperformed ZBCN by 180.1% — measured on the PPT/ZBCN ratio, so it holds regardless of market direction.

Populous →Zebec Network →