AIR3 AIRewardrop vs OriginTrail

OriginTrail (TRAC) is 1356.7× the size of AIR3 AIRewardrop (AIR3) by market capitalisation. Over the past 30 days, TRAC is ahead by 53.0 percentage points (AIR3 -45.1% against TRAC +7.8%). Their daily returns move loosely together (correlation 0.40 across 22 shared trading days). TRAC has been the more volatile of the two, at 104% annualised against AIR3's 58%.

Correlation: 0.40
Size ratio: 1 : 1356.7
Ahead over 30 days: TRAC

AIR3 AIRewardropAIR3

$0.000119

24h: —
Market cap: $115,413
Volume 24h: $60
Volatility (ann.): 58%

OriginTrailTRAC

$0.350080

24h: +4.38%
Market cap: $156.58M
Volume 24h: $3.70M
Volatility (ann.): 104%

AIR3 0.1%Share of the two combined market caps99.9% TRAC

Performance

AIR3TRAC

7 days-10.13%-5.27%TRAC
30 days-45.13%+7.85%TRAC

Correlation

0.40over 22 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	AIR3	TRAC
Max drawdown (400d)	-47.0%	-22.2%
Risk-adjusted return (90d)	-0.76	0.33

Relative strength over 90 days: TRAC outperformed AIR3 by 21.6% — measured on the AIR3/TRAC ratio, so it holds regardless of market direction.

AIR3 AIRewardrop →OriginTrail →