Zentry vs Unibase

Unibase (UB) is 20.6× the size of Zentry (ZENT) by market capitalisation. Over the past 30 days, UB is ahead by 2.3 percentage points (ZENT -14.2% against UB -11.9%). Their daily returns move barely in opposite directions (correlation -0.12 across 32 shared trading days). ZENT has been the more volatile of the two, at 192% annualised against UB's 101%.

Correlation: -0.12
Size ratio: 1 : 20.6
Ahead over 30 days: UB

ZentryZENT

$0.001617

24h: -0.53%
Market cap: $12.95M
Volume 24h: $137,207
Volatility (ann.): 192%

UnibaseUB

$0.106511

24h: -1.76%
Market cap: $266.28M
Volume 24h: $8.31M
Volatility (ann.): 101%

ZENT 4.6%Share of the two combined market caps95.4% UB

Performance

ZENTUB

7 days+1.42%-12.37%ZENT
30 days-14.19%-11.87%UB

Correlation

-0.12over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1290d: 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	ZENT	UB
Max drawdown (400d)	-49.8%	-31.0%
Risk-adjusted return (90d)	-0.07	-0.09

Relative strength over 90 days: ZENT outperformed UB by 9.7% — measured on the ZENT/UB ratio, so it holds regardless of market direction.

Zentry →Unibase →