Cypher Tempre vs OriginTrail

OriginTrail (TRAC) is 262.2× the size of Cypher Tempre (CPHY) by market capitalisation. Over the past 30 days, TRAC is ahead by 25.1 percentage points (CPHY -20.4% against TRAC +4.7%). Their daily returns move barely together (correlation 0.28 across 29 shared trading days). CPHY has been the more volatile of the two, at 165% annualised against TRAC's 104%.

Correlation: 0.28
Size ratio: 1 : 262.2
Ahead over 30 days: TRAC

Cypher TempreCPHY

$0.000596

24h: -0.45%
Market cap: $596,335
Volume 24h: $127
Volatility (ann.): 165%

OriginTrailTRAC

$0.349622

24h: +4.61%
Market cap: $156.38M
Volume 24h: $1.59M
Volatility (ann.): 104%

CPHY 0.4%Share of the two combined market caps99.6% TRAC

Performance

CPHYTRAC

7 days-24.23%-7.03%TRAC
30 days-20.42%+4.69%TRAC

Correlation

0.28over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2890d: 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	CPHY	TRAC
Max drawdown (400d)	-55.8%	-22.2%
Risk-adjusted return (90d)	-0.33	0.29

Relative strength over 90 days: TRAC outperformed CPHY by 55.6% — measured on the CPHY/TRAC ratio, so it holds regardless of market direction.

Cypher Tempre →OriginTrail →