OriginTrail (TRAC) is 4445.2× the size of Artificial CZ (AICZ) by market capitalisation. Their daily returns move barely together (correlation 0.28 across 29 shared trading days). AICZ has been the more volatile of the two, at 126% annualised against TRAC's 104%.
AICZTRAC
0.28over 29 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 | AICZ | TRAC |
|---|---|---|
| Max drawdown (400d) | -86.6% | -25.0% |
| Risk-adjusted return (90d) | -0.53 | 0.24 |
Relative strength over 90 days: TRAC outperformed AICZ by 70.2% — measured on the AICZ/TRAC ratio, so it holds regardless of market direction.