Z vs Moo Deng

Moo Deng (MOODENG) is 1049.8× the size of Z (Z) by market capitalisation. Over the past 30 days, Z is ahead by 7.5 percentage points (Z -12.0% against MOODENG -19.5%). Their daily returns move barely in opposite directions (correlation -0.28 across 20 shared trading days). MOODENG has been the more volatile of the two, at 100% annualised against Z's 63%.

Correlation: -0.28
Size ratio: 1 : 1049.8
Ahead over 30 days: Z

$3.123e-5

24h: -0.01%
Market cap: $31,232
Volume 24h: $31
Volatility (ann.): 63%

Moo DengMOODENG

$0.033115

24h: -5.76%
Market cap: $32.79M
Volume 24h: $7.25M
Volatility (ann.): 100%

Z 0.1%Share of the two combined market caps99.9% MOODENG

Performance

ZMOODENG

7 days-3.18%-7.63%Z
30 days-11.99%-19.52%Z

Correlation

-0.28over 20 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	Z	MOODENG
Max drawdown (400d)	-19.5%	-35.4%
Risk-adjusted return (90d)	-0.23	-0.31

Relative strength over 90 days: Z outperformed MOODENG by 5.7% — measured on the Z/MOODENG ratio, so it holds regardless of market direction.

Z →Moo Deng →