Ante Games vs OriginTrail

OriginTrail (TRAC) is 4753.4× the size of Ante Games (ANTE) by market capitalisation. Over the past 30 days, TRAC is ahead by 60.8 percentage points (ANTE -53.0% against TRAC +7.8%). Their daily returns move loosely in opposite directions (correlation -0.37 across 22 shared trading days). TRAC has been the more volatile of the two, at 104% annualised against ANTE's 88%.

Correlation: -0.37
Size ratio: 1 : 4753.4
Ahead over 30 days: TRAC

Ante GamesANTE

$3.294e-5

24h: +2.76%
Market cap: $32,931
Volume 24h: $3
Volatility (ann.): 88%

OriginTrailTRAC

$0.349978

24h: +3.84%
Market cap: $156.54M
Volume 24h: $2.71M
Volatility (ann.): 104%

ANTE 0.0%Share of the two combined market caps100.0% TRAC

Performance

ANTETRAC

7 days-21.33%-5.27%TRAC
30 days-52.95%+7.85%TRAC

Correlation

-0.37over 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	ANTE	TRAC
Max drawdown (400d)	-57.2%	-22.2%
Risk-adjusted return (90d)	-0.65	0.33

Relative strength over 90 days: TRAC outperformed ANTE by 37.5% — measured on the ANTE/TRAC ratio, so it holds regardless of market direction.

Ante Games →OriginTrail →