OriginTrail (TRAC) is 5251.6× the size of AGIXBT by Virtuals (AGIXBT) by market capitalisation. Their daily returns move loosely together (correlation 0.54 across 35 shared trading days). Both have run at a similar volatility, around 105% annualised.
AGIXBTTRAC
0.54over 35 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 | AGIXBT | TRAC |
|---|---|---|
| Max drawdown (400d) | -60.1% | -25.0% |
| Risk-adjusted return (90d) | -0.24 | 0.24 |
Relative strength over 90 days: TRAC outperformed AGIXBT by 41.3% — measured on the AGIXBT/TRAC ratio, so it holds regardless of market direction.