OriginTrail (TRAC) is 2517.9× the size of H1DR4 by Virtuals (H1DR4) by market capitalisation. Their daily returns move barely together (correlation 0.25 across 41 shared trading days). H1DR4 has been the more volatile of the two, at 1232% annualised against TRAC's 104%.
H1DR4TRAC
0.25over 41 shared trading days
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.
| Metric | H1DR4 | TRAC |
|---|---|---|
| Max drawdown (400d) | -91.8% | -22.2% |
| Risk-adjusted return (90d) | -0.35 | 0.33 |
Relative strength over 90 days: TRAC outperformed H1DR4 by 33.1% — measured on the H1DR4/TRAC ratio, so it holds regardless of market direction.