AVC vs ECOMI

ECOMI (OMI) is 185.5× the size of AVC (AVC) by market capitalisation. Over the past 30 days, OMI is ahead by 67.4 percentage points (AVC -55.0% against OMI +12.4%). Their daily returns move barely in opposite directions (correlation -0.28 across 25 shared trading days). AVC has been the more volatile of the two, at 223% annualised against OMI's 91%.

Correlation: -0.28
Size ratio: 1 : 185.5
Ahead over 30 days: OMI

AVCAVC

$9.742e-5

24h: -2.08%
Market cap: $346,214
Volume 24h: $12,199
Volatility (ann.): 223%

ECOMIOMI

$0.000237

24h: -0.59%
Market cap: $64.21M
Volume 24h: $741,097
Volatility (ann.): 91%

AVC 0.5%Share of the two combined market caps99.5% OMI

Performance

AVCOMI

7 days-48.07%-9.73%OMI
30 days-54.98%+12.40%OMI

Correlation

-0.28over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2890d: 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	AVC	OMI
Max drawdown (400d)	-59.5%	-28.3%
Risk-adjusted return (90d)	-0.24	0.22

Relative strength over 90 days: OMI outperformed AVC by 51.2% — measured on the AVC/OMI ratio, so it holds regardless of market direction.

AVC →ECOMI →