AtlasOra vs Ultima

Ultima (ULTIMA) is 2040.4× the size of AtlasOra (AORA) by market capitalisation. Over the past 30 days, AORA is ahead by 32.9 percentage points (AORA -8.5% against ULTIMA -41.3%). Their daily returns move barely together (correlation 0.04 across 23 shared trading days). AORA has been the more volatile of the two, at 561% annualised against ULTIMA's 52%.

Correlation: 0.04
Size ratio: 1 : 2040.4
Ahead over 30 days: AORA

AtlasOraAORA

$0.000998

24h: +5.79%
Market cap: $50,375
Volume 24h: $316
Volatility (ann.): 561%

UltimaULTIMA

$1,213.38

24h: +3.41%
Market cap: $102.78M
Volume 24h: $5.80M
Volatility (ann.): 52%

AORA 0.0%Share of the two combined market caps100.0% ULTIMA

Performance

AORAULTIMA

7 days-36.24%-8.57%ULTIMA
30 days-8.46%-41.32%AORA

Correlation

0.04over 23 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	AORA	ULTIMA
Max drawdown (400d)	-47.5%	-51.6%
Risk-adjusted return (90d)	-0.02	-0.95

Relative strength over 90 days: AORA outperformed ULTIMA by 33.6% — measured on the AORA/ULTIMA ratio, so it holds regardless of market direction.

AtlasOra →Ultima →