UBI vs SolonPad

UBI (UBI) is 2.0× the size of SolonPad (SOLON) by market capitalisation. Over the past 30 days, UBI is ahead by 8.2 percentage points (UBI -65.1% against SOLON -73.3%). Their daily returns move barely together (correlation 0.07 across 43 shared trading days). SOLON has been the more volatile of the two, at 454% annualised against UBI's 324%.

Correlation: 0.07
Size ratio: 2.0×
Ahead over 30 days: UBI

UBIUBI

$7.220e-7

24h: -5.62%
Market cap: $66,715
Volume 24h: $1,590
Volatility (ann.): 324%

SolonPadSOLON

$3.651e-5

24h: +0.18%
Market cap: $33,987
Volume 24h: $1,315
Volatility (ann.): 454%

UBI 66.2%Share of the two combined market caps33.8% SOLON

Performance

UBISOLON

7 days+24.32%-16.48%UBI
30 days-65.08%-73.32%UBI

Correlation

0.07over 43 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1890d: 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	UBI	SOLON
Max drawdown (400d)	-81.0%	-77.8%
Risk-adjusted return (90d)	-0.23	-0.13

Relative strength over 90 days: SOLON outperformed UBI by 40.9% — measured on the UBI/SOLON ratio, so it holds regardless of market direction.

UBI →SolonPad →