World3 vs Unibase

Unibase (UB) is 80.7× the size of World3 (WAI) by market capitalisation. Over the past 30 days, WAI is ahead by 26.1 percentage points (WAI +9.2% against UB -16.8%). Their daily returns move loosely together (correlation 0.47 across 31 shared trading days). WAI has been the more volatile of the two, at 129% annualised against UB's 101%.

Correlation: 0.47
Size ratio: 1 : 80.7
Ahead over 30 days: WAI

World3WAI

$0.009055

24h: -0.38%
Market cap: $3.16M
Volume 24h: $49,967
Volatility (ann.): 129%

UnibaseUB

$0.101901

24h: -5.32%
Market cap: $254.75M
Volume 24h: $9.51M
Volatility (ann.): 101%

WAI 1.2%Share of the two combined market caps98.8% UB

Performance

WAIUB

7 days-2.44%-7.80%WAI
30 days+9.24%-16.85%WAI

Correlation

0.47over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4790d: 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	WAI	UB
Max drawdown (400d)	-28.5%	-31.0%
Risk-adjusted return (90d)	0.09	-0.05

Relative strength over 90 days: WAI outperformed UB by 31.7% — measured on the WAI/UB ratio, so it holds regardless of market direction.

World3 →Unibase →