COINDEPO vs Olympus

Olympus (OHM) is 8.0× the size of COINDEPO (COINDEPO) by market capitalisation. Over the past 30 days, COINDEPO is ahead by 25.0 percentage points (COINDEPO +15.1% against OHM -9.8%). Their daily returns move barely in opposite directions (correlation -0.25 across 41 shared trading days). COINDEPO has been the more volatile of the two, at 65% annualised against OHM's 29%.

Correlation: -0.25
Size ratio: 1 : 8.0
Ahead over 30 days: COINDEPO

COINDEPOCOINDEPO

$0.124227

24h: +1.92%
Market cap: $34.05M
Volume 24h: $1.26M
Volatility (ann.): 65%

OlympusOHM

$18.3200

24h: -0.22%
Market cap: $273.72M
Volume 24h: $250,228
Volatility (ann.): 29%

COINDEPO 11.1%Share of the two combined market caps88.9% OHM

Performance

COINDEPOOHM

7 days+2.96%-5.47%COINDEPO
30 days+15.14%-9.84%COINDEPO

Correlation

-0.25over 41 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.6090d: 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	COINDEPO	OHM
Max drawdown (400d)	-9.5%	-10.8%
Risk-adjusted return (90d)	0.14	-0.03

Relative strength over 90 days: COINDEPO outperformed OHM by 7.7% — measured on the COINDEPO/OHM ratio, so it holds regardless of market direction.

COINDEPO →Olympus →