BOTCOIN vs OriginTrail

OriginTrail (TRAC) is 616.4× the size of BOTCOIN (BOTCOIN) by market capitalisation. Over the past 30 days, TRAC is ahead by 79.6 percentage points (BOTCOIN -74.9% against TRAC +4.7%). Their daily returns move barely in opposite directions (correlation -0.15 across 24 shared trading days). BOTCOIN has been the more volatile of the two, at 13941% annualised against TRAC's 104%.

Correlation: -0.15
Size ratio: 1 : 616.4
Ahead over 30 days: TRAC

BOTCOINBOTCOIN

$2.450e-6

24h: +0.35%
Market cap: $245,378
Volume 24h: $8
Volatility (ann.): 13941%

OriginTrailTRAC

$0.338157

24h: +0.51%
Market cap: $151.25M
Volume 24h: $1.96M
Volatility (ann.): 104%

BOTCOIN 0.2%Share of the two combined market caps99.8% TRAC

Performance

BOTCOINTRAC

7 days-66.80%-7.03%TRAC
30 days-74.87%+4.69%TRAC

Correlation

-0.15over 24 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	BOTCOIN	TRAC
Max drawdown (400d)	-99.1%	-22.2%
Risk-adjusted return (90d)	-0.01	0.29

Relative strength over 90 days: TRAC outperformed BOTCOIN by 75.1% — measured on the BOTCOIN/TRAC ratio, so it holds regardless of market direction.

BOTCOIN →OriginTrail →