Bowyer App by Virtuals vs OriginTrail

OriginTrail (TRAC) is 8204.5× the size of Bowyer App by Virtuals (BOWYER) by market capitalisation. Over the past 30 days, TRAC is ahead by 74.2 percentage points (BOWYER -66.3% against TRAC +7.8%). Their daily returns move loosely together (correlation 0.39 across 22 shared trading days). Both have run at a similar volatility, around 109% annualised.

Correlation: 0.39
Size ratio: 1 : 8204.5
Ahead over 30 days: TRAC

Bowyer App by VirtualsBOWYER

$1.814e-5

24h: +2.13%
Market cap: $18,139
Volume 24h: $1,872
Volatility (ann.): 115%

OriginTrailTRAC

$0.332730

24h: -5.18%
Market cap: $148.82M
Volume 24h: $2.11M
Volatility (ann.): 104%

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

Performance

BOWYERTRAC

7 days-13.96%-5.27%TRAC
30 days-66.34%+7.85%TRAC

Correlation

0.39over 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	BOWYER	TRAC
Max drawdown (400d)	-67.0%	-22.2%
Risk-adjusted return (90d)	-0.57	0.33

Relative strength over 90 days: TRAC outperformed BOWYER by 22.9% — measured on the BOWYER/TRAC ratio, so it holds regardless of market direction.

Bowyer App by Virtuals →OriginTrail →