Turbo (TURBO) is 22.1× the size of Zen AI (ZAI) by market capitalisation. Their daily returns move closely together (correlation 0.63 across 40 shared trading days). TURBO has been the more volatile of the two, at 109% annualised against ZAI's 87%.
ZAITURBO
0.63over 40 shared trading days
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.
| Metric | ZAI | TURBO |
|---|---|---|
| Max drawdown (400d) | -31.0% | -80.7% |
| Risk-adjusted return (90d) | -0.27 | -0.07 |
| Best 30 days (past year) | — | +46.2% |
| Worst 30 days (past year) | — | -53.3% |
Relative strength over 90 days: TURBO outperformed ZAI by 6.8% — measured on the ZAI/TURBO ratio, so it holds regardless of market direction.