deBridge vs Olympus

Olympus (OHM) is 3.2× the size of deBridge (DBR) by market capitalisation. Over the past 30 days, OHM is ahead by 6.2 percentage points (DBR -15.6% against OHM -9.4%). Their daily returns move barely together (correlation 0.14 across 55 shared trading days). DBR has been the more volatile of the two, at 125% annualised against OHM's 28%.

Correlation: 0.14
Size ratio: 1 : 3.2
Ahead over 30 days: OHM

deBridgeDBR

$0.012919

24h: +1.03%
Market cap: $84.39M
Volume 24h: $3.79M
Volatility (ann.): 125%

OlympusOHM

$18.1700

24h: -1.13%
Market cap: $271.46M
Volume 24h: $247,500
Volatility (ann.): 28%

DBR 23.7%Share of the two combined market caps76.3% OHM

Performance

DBROHM

7 days-9.00%-4.73%OHM
30 days-15.56%-9.40%OHM

Correlation

0.14over 55 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2190d: 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	DBR	OHM
Max drawdown (400d)	-46.1%	-10.8%
Risk-adjusted return (90d)	-0.10	-0.03

Relative strength over 90 days: OHM outperformed DBR by 13.0% — measured on the DBR/OHM ratio, so it holds regardless of market direction.

deBridge →Olympus →