717ai by Virtuals vs OriginTrail

OriginTrail (TRAC) is 177.6× the size of 717ai by Virtuals (WIRE) by market capitalisation. Over the past 30 days, TRAC is ahead by 27.1 percentage points (WIRE -19.3% against TRAC +7.8%). Their daily returns move closely together (correlation 0.74 across 30 shared trading days). WIRE has been the more volatile of the two, at 144% annualised against TRAC's 104%.

Correlation: 0.74
Size ratio: 1 : 177.6
Ahead over 30 days: TRAC

717ai by VirtualsWIRE

$0.000933

24h: +1.73%
Market cap: $893,089
Volume 24h: $6,881
Volatility (ann.): 144%

OriginTrailTRAC

$0.355540

24h: +5.25%
Market cap: $158.59M
Volume 24h: $1.94M
Volatility (ann.): 104%

WIRE 0.6%Share of the two combined market caps99.4% TRAC

Performance

WIRETRAC

7 days-7.90%-5.27%TRAC
30 days-19.29%+7.85%TRAC

Correlation

0.74over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.7490d: 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	WIRE	TRAC
Max drawdown (400d)	-36.8%	-22.2%
Risk-adjusted return (90d)	-0.21	0.33

Relative strength over 90 days: TRAC outperformed WIRE by 34.7% — measured on the WIRE/TRAC ratio, so it holds regardless of market direction.

717ai by Virtuals →OriginTrail →