Decimated vs ECOMI

ECOMI (OMI) is 540.0× the size of Decimated (DIO) by market capitalisation. Over the past 30 days, OMI is ahead by 45.5 percentage points (DIO -33.1% against OMI +12.4%). Their daily returns move barely in opposite directions (correlation -0.17 across 20 shared trading days). DIO has been the more volatile of the two, at 108% annualised against OMI's 91%.

Correlation: -0.17
Size ratio: 1 : 540.0
Ahead over 30 days: OMI

DecimatedDIO

$0.000210

24h: +1.18%
Market cap: $114,168
Volume 24h: $481
Volatility (ann.): 108%

ECOMIOMI

$0.000228

24h: -6.24%
Market cap: $61.65M
Volume 24h: $717,419
Volatility (ann.): 91%

DIO 0.2%Share of the two combined market caps99.8% OMI

Performance

DIOOMI

7 days-8.83%-9.73%DIO
30 days-33.12%+12.40%OMI

Correlation

-0.17over 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	DIO	OMI
Max drawdown (400d)	-42.2%	-28.3%
Risk-adjusted return (90d)	-0.22	0.22

Relative strength over 90 days: OMI outperformed DIO by 18.1% — measured on the DIO/OMI ratio, so it holds regardless of market direction.

Decimated →ECOMI →