Soil vs Zebec Network

Zebec Network (ZBCN) is 20.9× the size of Soil (SOIL) by market capitalisation. Over the past 30 days, SOIL is ahead by 17.7 percentage points (SOIL +28.9% against ZBCN +11.1%). Their daily returns move barely together (correlation 0.32 across 33 shared trading days). ZBCN has been the more volatile of the two, at 106% annualised against SOIL's 77%.

Correlation: 0.32
Size ratio: 1 : 20.9
Ahead over 30 days: SOIL

SoilSOIL

$0.123654

24h: -1.07%
Market cap: $9.63M
Volume 24h: $32,832
Volatility (ann.): 77%

Zebec NetworkZBCN

$0.002014

24h: +1.33%
Market cap: $201.44M
Volume 24h: $8.92M
Volatility (ann.): 106%

SOIL 4.6%Share of the two combined market caps95.4% ZBCN

Performance

SOILZBCN

7 days-2.96%-3.68%SOIL
30 days+28.86%+11.12%SOIL

Correlation

0.32over 33 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3190d: 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	SOIL	ZBCN
Max drawdown (400d)	-6.8%	-20.8%
Risk-adjusted return (90d)	0.37	0.23

Relative strength over 90 days: SOIL outperformed ZBCN by 24.6% — measured on the SOIL/ZBCN ratio, so it holds regardless of market direction.

Soil →Zebec Network →