Chiliz (CHZ) is 3957.6× the size of Sport Bettor AI (ZEBRO) by market capitalisation. Their daily returns move barely together (correlation 0.31 across 99 shared trading days). ZEBRO has been the more volatile of the two, at 238% annualised against CHZ's 89%.
ZEBROCHZ
0.31over 99 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 | ZEBRO | CHZ |
|---|---|---|
| Max drawdown (400d) | -75.6% | -82.0% |
| Risk-adjusted return (90d) | -0.02 | -0.20 |
| Best 30 days (past year) | — | +116.1% |
| Worst 30 days (past year) | — | -53.0% |
Relative strength over 90 days: ZEBRO outperformed CHZ by 103.9% — measured on the ZEBRO/CHZ ratio, so it holds regardless of market direction.