Sendcoin vs Unibase

Unibase (UB) is 10278.0× the size of Sendcoin (SEND) by market capitalisation. Over the past 30 days, SEND is ahead by 0.7 percentage points (SEND -21.0% against UB -21.7%). Their daily returns move barely in opposite directions (correlation -0.05 across 24 shared trading days). Both have run at a similar volatility, around 100% annualised.

Correlation: -0.05
Size ratio: 1 : 10278.0
Ahead over 30 days: SEND

SendcoinSEND

$2.552e-5

24h: —
Market cap: $25,522
Volume 24h: $39
Volatility (ann.): 100%

UnibaseUB

$0.104926

24h: -4.57%
Market cap: $262.32M
Volume 24h: $10.46M
Volatility (ann.): 101%

SEND 0.0%Share of the two combined market caps100.0% UB

Performance

SENDUB

7 days-8.34%-2.10%UB
30 days-20.97%-21.72%SEND

Correlation

-0.05over 24 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	SEND	UB
Max drawdown (400d)	-32.8%	-31.8%
Risk-adjusted return (90d)	-0.21	-0.10

Relative strength over 90 days: UB outperformed SEND by 17.6% — measured on the SEND/UB ratio, so it holds regardless of market direction.

Sendcoin →Unibase →