OriginTrail (TRAC) is 3844.1× the size of CV3 (CV3AI) by market capitalisation. Their daily returns move loosely together (correlation 0.42 across 24 shared trading days). CV3AI has been the more volatile of the two, at 280% annualised against TRAC's 104%.
CV3AITRAC
0.42over 24 shared trading days
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.
| Metric | CV3AI | TRAC |
|---|---|---|
| Max drawdown (400d) | -76.7% | -25.0% |
| Risk-adjusted return (90d) | -0.36 | 0.24 |
Relative strength over 90 days: TRAC outperformed CV3AI by 10.2% — measured on the CV3AI/TRAC ratio, so it holds regardless of market direction.