Axiom vs OriginTrail

OriginTrail (TRAC) is 3009.6× the size of Axiom (AXIOM) by market capitalisation. Over the past 30 days, TRAC is ahead by 23.9 percentage points (AXIOM -16.1% against TRAC +7.8%). Their daily returns move barely together (correlation 0.23 across 22 shared trading days). AXIOM has been the more volatile of the two, at 293% annualised against TRAC's 104%.

Correlation: 0.23
Size ratio: 1 : 3009.6
Ahead over 30 days: TRAC

AxiomAXIOM

$5.077e-7

24h: +4.70%
Market cap: $50,783
Volume 24h: $775
Volatility (ann.): 293%

OriginTrailTRAC

$0.341823

24h: -1.61%
Market cap: $152.84M
Volume 24h: $3.61M
Volatility (ann.): 104%

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

Performance

AXIOMTRAC

7 days-2.55%-5.27%AXIOM
30 days-16.07%+7.85%TRAC

Correlation

0.23over 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	AXIOM	TRAC
Max drawdown (400d)	-42.5%	-22.2%
Risk-adjusted return (90d)	-0.06	0.33

Relative strength over 90 days: AXIOM outperformed TRAC by 4.8% — measured on the AXIOM/TRAC ratio, so it holds regardless of market direction.

Axiom →OriginTrail →