Altered State Machine vs OriginTrail

OriginTrail (TRAC) is 230.9× the size of Altered State Machine (ASTO) by market capitalisation. Over the past 30 days, TRAC is ahead by 10.9 percentage points (ASTO -6.2% against TRAC +4.7%). Their daily returns move loosely in opposite directions (correlation -0.37 across 25 shared trading days). TRAC has been the more volatile of the two, at 104% annualised against ASTO's 9%.

Correlation: -0.37
Size ratio: 1 : 230.9
Ahead over 30 days: TRAC

Altered State MachineASTO

$0.002324

24h: —
Market cap: $672,627
Volume 24h: $220
Volatility (ann.): 9%

OriginTrailTRAC

$0.347272

24h: +3.49%
Market cap: $155.33M
Volume 24h: $2.85M
Volatility (ann.): 104%

ASTO 0.4%Share of the two combined market caps99.6% TRAC

Performance

ASTOTRAC

7 days-2.57%-7.03%ASTO
30 days-6.24%+4.69%TRAC

Correlation

-0.37over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.3790d: 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	ASTO	TRAC
Max drawdown (400d)	-6.3%	-22.2%
Risk-adjusted return (90d)	-0.69	0.29

Relative strength over 90 days: TRAC outperformed ASTO by 9.8% — measured on the ASTO/TRAC ratio, so it holds regardless of market direction.

Altered State Machine →OriginTrail →