Zerebro (ZEREBRO) is 10.0× the size of Zen AI (ZAI) by market capitalisation. Over the past 30 days, ZAI is ahead by 11.2 percentage points (ZAI -17.8% against ZEREBRO -29.0%). Their daily returns move loosely together (correlation 0.38 across 38 shared trading days). Both have run at a similar volatility, around 84% annualised.
ZAIZEREBRO
0.38over 38 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 | ZEREBRO |
|---|---|---|
| Max drawdown (400d) | -31.0% | -40.7% |
| Risk-adjusted return (90d) | -0.27 | -0.44 |
Relative strength over 90 days: ZAI outperformed ZEREBRO by 21.6% — measured on the ZAI/ZEREBRO ratio, so it holds regardless of market direction.