HYBUX vs ECOMI

ECOMI (OMI) is 901.1× the size of HYBUX (HYBUX) by market capitalisation. Over the past 30 days, OMI is ahead by 90.4 percentage points (HYBUX -78.0% against OMI +12.4%). Their daily returns move barely together (correlation 0.08 across 20 shared trading days). HYBUX has been the more volatile of the two, at 361% annualised against OMI's 91%.

Correlation: 0.08
Size ratio: 1 : 901.1
Ahead over 30 days: OMI

HYBUXHYBUX

$1.637e-5

24h: —
Market cap: $71,260
Volume 24h: $301
Volatility (ann.): 361%

ECOMIOMI

$0.000237

24h: -0.59%
Market cap: $64.21M
Volume 24h: $741,097
Volatility (ann.): 91%

HYBUX 0.1%Share of the two combined market caps99.9% OMI

Performance

HYBUXOMI

7 days-40.88%-9.73%OMI
30 days-77.96%+12.40%OMI

Correlation

0.08over 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	HYBUX	OMI
Max drawdown (400d)	-87.2%	-28.3%
Risk-adjusted return (90d)	-0.24	0.22

Relative strength over 90 days: OMI outperformed HYBUX by 77.3% — measured on the HYBUX/OMI ratio, so it holds regardless of market direction.

HYBUX →ECOMI →