Unit0 vs OKB

OKB (OKB) is 39967.6× the size of Unit0 (UNIT0) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.12 across 35 shared trading days). UNIT0 has been the more volatile of the two, at 125% annualised against OKB's 52%.

Correlation: -0.12
Size ratio: 1 : 39967.6

Unit0UNIT0

$0.001675

24h: +10.60%
Market cap: $55,499
Volume 24h: $959
Volatility (ann.): 125%

OKBOKB

$105.6300

24h: -4.73%
Market cap: $2.22B
Volume 24h: $28.53M
Volatility (ann.): 52%

UNIT0 0.0%Share of the two combined market caps100.0% OKB

Performance

UNIT0OKB

7 days-3.31%-0.74%OKB
30 days-55.69%-2.48%OKB
90 days-83.17%——
1 year-99.31%——

Correlation

-0.12over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1390d: 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	UNIT0	OKB
Max drawdown (400d)	-99.4%	-12.2%
Risk-adjusted return (90d)	-0.78	0.11

Relative strength over 90 days: OKB outperformed UNIT0 by 63.8% — measured on the UNIT0/OKB ratio, so it holds regardless of market direction.

Unit0 →OKB →