FXN vs OriginTrail

OriginTrail (TRAC) is 751.9× the size of FXN (FXN) by market capitalisation. Over the past 30 days, TRAC is ahead by 8.4 percentage points (FXN -0.5% against TRAC +7.8%). Their daily returns move barely together (correlation 0.12 across 23 shared trading days). FXN has been the more volatile of the two, at 210% annualised against TRAC's 104%.

Correlation: 0.12
Size ratio: 1 : 751.9
Ahead over 30 days: TRAC

FXNFXN

$0.000207

24h: +3.92%
Market cap: $205,079
Volume 24h: $11
Volatility (ann.): 210%

OriginTrailTRAC

$0.344749

24h: +1.70%
Market cap: $154.20M
Volume 24h: $3.65M
Volatility (ann.): 104%

FXN 0.1%Share of the two combined market caps99.9% TRAC

Performance

FXNTRAC

7 days-20.06%-5.27%TRAC
30 days-0.54%+7.85%TRAC

Correlation

0.12over 23 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	FXN	TRAC
Max drawdown (400d)	-31.9%	-22.2%
Risk-adjusted return (90d)	0.00	0.33

Relative strength over 90 days: FXN outperformed TRAC by 22.5% — measured on the FXN/TRAC ratio, so it holds regardless of market direction.

FXN →OriginTrail →