Daimon vs OriginTrail

OriginTrail (TRAC) is 4562.2× the size of Daimon (DAIMON) by market capitalisation. Over the past 30 days, TRAC is ahead by 17.2 percentage points (DAIMON -15.8% against TRAC +1.4%). Their daily returns move barely in opposite directions (correlation -0.19 across 20 shared trading days). DAIMON has been the more volatile of the two, at 164% annualised against TRAC's 104%.

Correlation: -0.19
Size ratio: 1 : 4562.2
Ahead over 30 days: TRAC

DaimonDAIMON

$3.473e-7

24h: -0.30%
Market cap: $33,003
Volume 24h: $2
Volatility (ann.): 164%

OriginTrailTRAC

$0.336623

24h: -5.27%
Market cap: $150.57M
Volume 24h: $973,612
Volatility (ann.): 104%

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

Performance

DAIMONTRAC

7 days-2.12%-8.44%DAIMON
30 days-15.79%+1.37%TRAC

Correlation

-0.19over 20 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	DAIMON	TRAC
Max drawdown (400d)	-27.6%	-25.0%
Risk-adjusted return (90d)	-0.10	0.24

Relative strength over 90 days: DAIMON outperformed TRAC by 11.7% — measured on the DAIMON/TRAC ratio, so it holds regardless of market direction.

Daimon →OriginTrail →