RichCoin (RIC) and Zebec Network (ZBCN) compared side by side. Over the past 30 days, ZBCN is ahead by 32.8 percentage points (RIC -21.7% against ZBCN +11.1%). Their daily returns move barely in opposite directions (correlation -0.10 across 22 shared trading days). RIC has been the more volatile of the two, at 157% annualised against ZBCN's 106%.
RICZBCN
-0.10over 22 shared trading days
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.
| Metric | RIC | ZBCN |
|---|---|---|
| Max drawdown (400d) | -28.2% | -20.8% |
| Risk-adjusted return (90d) | 0.01 | 0.23 |
Relative strength over 90 days: ZBCN outperformed RIC by 10.0% — measured on the RIC/ZBCN ratio, so it holds regardless of market direction.