DOVU vs OriginTrail

OriginTrail (TRAC) is 15.4× the size of DOVU (DOVU) by market capitalisation. Over the past 30 days, TRAC is ahead by 68.7 percentage points (DOVU -64.0% against TRAC +4.7%). Their daily returns move barely together (correlation 0.21 across 28 shared trading days). DOVU has been the more volatile of the two, at 189% annualised against TRAC's 104%.

Correlation: 0.21
Size ratio: 1 : 15.4
Ahead over 30 days: TRAC

DOVUDOVU

$0.000973

24h: -2.65%
Market cap: $9.73M
Volume 24h: $28,394
Volatility (ann.): 189%

OriginTrailTRAC

$0.335368

24h: +0.53%
Market cap: $150.00M
Volume 24h: $1.78M
Volatility (ann.): 104%

DOVU 6.1%Share of the two combined market caps93.9% TRAC

Performance

DOVUTRAC

7 days-61.20%-7.03%TRAC
30 days-64.01%+4.69%TRAC

Correlation

0.21over 28 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	DOVU	TRAC
Max drawdown (400d)	-69.2%	-22.2%
Risk-adjusted return (90d)	-0.37	0.29

Relative strength over 90 days: TRAC outperformed DOVU by 69.3% — measured on the DOVU/TRAC ratio, so it holds regardless of market direction.

DOVU →OriginTrail →