StockRip vs Zebec Network

Zebec Network (ZBCN) is 315.4× the size of StockRip (RIP) by market capitalisation. Over the past 30 days, ZBCN is ahead by 27.7 percentage points (RIP -16.6% against ZBCN +11.1%). Their daily returns move barely together (correlation 0.03 across 27 shared trading days). RIP has been the more volatile of the two, at 738% annualised against ZBCN's 106%.

Correlation: 0.03
Size ratio: 1 : 315.4
Ahead over 30 days: ZBCN

StockRipRIP

$0.000628

24h: -24.58%
Market cap: $628,284
Volume 24h: $18,241
Volatility (ann.): 738%

Zebec NetworkZBCN

$0.001982

24h: -0.81%
Market cap: $198.18M
Volume 24h: $8.80M
Volatility (ann.): 106%

RIP 0.3%Share of the two combined market caps99.7% ZBCN

Performance

RIPZBCN

7 days+48.94%-3.68%RIP
30 days-16.58%+11.12%ZBCN

Correlation

0.03over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0390d: 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	RIP	ZBCN
Max drawdown (400d)	-85.4%	-20.8%
Risk-adjusted return (90d)	-0.03	0.23

Relative strength over 90 days: ZBCN outperformed RIP by 29.1% — measured on the RIP/ZBCN ratio, so it holds regardless of market direction.

StockRip →Zebec Network →