Sonic SVM vs OKB

OKB (OKB) is 301.2× the size of Sonic SVM (SONIC) by market capitalisation. Over the past 30 days, OKB is ahead by 5.9 percentage points (SONIC -10.6% against OKB -4.7%). Their daily returns move closely together (correlation 0.71 across 31 shared trading days). SONIC has been the more volatile of the two, at 116% annualised against OKB's 53%.

Correlation: 0.71
Size ratio: 1 : 301.2
Ahead over 30 days: OKB

Sonic SVMSONIC

$0.020880

24h: -1.30%
Market cap: $7.52M
Volume 24h: $485,832
Volatility (ann.): 116%

OKBOKB

$107.7800

24h: -1.67%
Market cap: $2.26B
Volume 24h: $20.85M
Volatility (ann.): 53%

SONIC 0.3%Share of the two combined market caps99.7% OKB

Performance

SONICOKB

7 days+0.38%-0.94%SONIC
30 days-10.60%-4.69%OKB

Correlation

0.71over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.7190d: 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	SONIC	OKB
Max drawdown (400d)	-30.0%	-12.2%
Risk-adjusted return (90d)	0.02	0.06

Relative strength over 90 days: SONIC outperformed OKB by 7.4% — measured on the SONIC/OKB ratio, so it holds regardless of market direction.

Sonic SVM →OKB →