Unido vs Zebec Network

Zebec Network (ZBCN) is 22813.4× the size of Unido (UDO) by market capitalisation. Over the past 30 days, ZBCN is ahead by 15.5 percentage points (UDO -5.2% against ZBCN +10.3%). Their daily returns move loosely together (correlation 0.49 across 22 shared trading days). ZBCN has been the more volatile of the two, at 105% annualised against UDO's 37%.

Correlation: 0.49
Size ratio: 1 : 22813.4
Ahead over 30 days: ZBCN

UnidoUDO

$0.000105

24h: +2.89%
Market cap: $8,112
Volume 24h: $59
Volatility (ann.): 37%

Zebec NetworkZBCN

$0.001851

24h: -8.03%
Market cap: $185.06M
Volume 24h: $7.55M
Volatility (ann.): 105%

UDO 0.0%Share of the two combined market caps100.0% ZBCN

Performance

UDOZBCN

7 days+0.28%-5.37%UDO
30 days-5.17%+10.31%ZBCN

Correlation

0.49over 22 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	UDO	ZBCN
Max drawdown (400d)	-11.7%	-20.8%
Risk-adjusted return (90d)	-0.14	0.24

Relative strength over 90 days: UDO outperformed ZBCN by 11.1% — measured on the UDO/ZBCN ratio, so it holds regardless of market direction.

Unido →Zebec Network →