Africarare vs OriginTrail

OriginTrail (TRAC) is 133.2× the size of Africarare (UBU) by market capitalisation. Over the past 30 days, TRAC is ahead by 66.5 percentage points (UBU -61.9% against TRAC +4.7%). Their daily returns move barely together (correlation 0.28 across 28 shared trading days). UBU has been the more volatile of the two, at 220% annualised against TRAC's 104%.

Correlation: 0.28
Size ratio: 1 : 133.2
Ahead over 30 days: TRAC

AfricarareUBU

$0.001131

24h: +2.45%
Market cap: $1.13M
Volume 24h: $10
Volatility (ann.): 220%

OriginTrailTRAC

$0.336981

24h: +1.87%
Market cap: $150.72M
Volume 24h: $1.37M
Volatility (ann.): 104%

UBU 0.7%Share of the two combined market caps99.3% TRAC

Performance

UBUTRAC

7 days-66.69%-7.03%TRAC
30 days-61.86%+4.69%TRAC

Correlation

0.28over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2890d: 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	UBU	TRAC
Max drawdown (400d)	-68.5%	-22.2%
Risk-adjusted return (90d)	-0.29	0.29

Relative strength over 90 days: TRAC outperformed UBU by 63.8% — measured on the UBU/TRAC ratio, so it holds regardless of market direction.

Africarare →OriginTrail →