Crecoin vs OpenAI PreStocks

OpenAI PreStocks (OPENAI) is 5.4× the size of Crecoin (CREC) by market capitalisation. Over the past 30 days, OPENAI is ahead by 42.0 percentage points (CREC -26.6% against OPENAI +15.4%). Their daily returns move barely together (correlation 0.04 across 38 shared trading days). OPENAI has been the more volatile of the two, at 157% annualised against CREC's 133%.

Correlation: 0.04
Size ratio: 1 : 5.4
Ahead over 30 days: OPENAI

CrecoinCREC

$0.000367

24h: -1.81%
Market cap: $689,831
Volume 24h: $70
Volatility (ann.): 133%

OpenAI PreStocksOPENAI

$1,972.19

24h: -9.65%
Market cap: $3.75M
Volume 24h: $858,752
Volatility (ann.): 157%

CREC 15.5%Share of the two combined market caps84.5% OPENAI

Performance

CRECOPENAI

7 days-10.13%-10.46%CREC
30 days-26.61%+15.43%OPENAI

Correlation

0.04over 38 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0290d: 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	CREC	OPENAI
Max drawdown (400d)	-43.5%	-28.4%
Risk-adjusted return (90d)	-0.25	0.21

Relative strength over 90 days: OPENAI outperformed CREC by 52.0% — measured on the CREC/OPENAI ratio, so it holds regardless of market direction.

Crecoin →OpenAI PreStocks →