Ethresearchbot vs OriginTrail

OriginTrail (TRAC) is 2334.0× the size of Ethresearchbot (ETHR) by market capitalisation. Over the past 30 days, TRAC is ahead by 22.2 percentage points (ETHR -14.4% against TRAC +7.8%). Their daily returns move barely in opposite directions (correlation -0.02 across 22 shared trading days). TRAC has been the more volatile of the two, at 104% annualised against ETHR's 48%.

Correlation: -0.02
Size ratio: 1 : 2334.0
Ahead over 30 days: TRAC

EthresearchbotETHR

$6.736e-7

24h: —
Market cap: $63,990
Volume 24h: $648
Volatility (ann.): 48%

OriginTrailTRAC

$0.333916

24h: -4.84%
Market cap: $149.35M
Volume 24h: $2.36M
Volatility (ann.): 104%

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

Performance

ETHRTRAC

7 days-1.56%-5.27%ETHR
30 days-14.38%+7.85%TRAC

Correlation

-0.02over 22 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	ETHR	TRAC
Max drawdown (400d)	-18.9%	-22.2%
Risk-adjusted return (90d)	-0.33	0.33

Relative strength over 90 days: ETHR outperformed TRAC by 6.9% — measured on the ETHR/TRAC ratio, so it holds regardless of market direction.

Ethresearchbot →OriginTrail →