Hyre Agent vs OriginTrail

OriginTrail (TRAC) is 2073.0× the size of Hyre Agent (HYRE) by market capitalisation. Over the past 30 days, TRAC is ahead by 46.8 percentage points (HYRE -38.9% against TRAC +7.8%). Their daily returns move loosely together (correlation 0.36 across 23 shared trading days). HYRE has been the more volatile of the two, at 228% annualised against TRAC's 104%.

Correlation: 0.36
Size ratio: 1 : 2073.0
Ahead over 30 days: TRAC

Hyre AgentHYRE

$8.157e-5

24h: +65.49%
Market cap: $75,826
Volume 24h: $6,547
Volatility (ann.): 228%

OriginTrailTRAC

$0.351434

24h: +4.80%
Market cap: $157.19M
Volume 24h: $2.61M
Volatility (ann.): 104%

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

Performance

HYRETRAC

7 days+18.96%-5.27%HYRE
30 days-38.92%+7.85%TRAC

Correlation

0.36over 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	HYRE	TRAC
Max drawdown (400d)	-58.6%	-22.2%
Risk-adjusted return (90d)	-0.16	0.33

Relative strength over 90 days: TRAC outperformed HYRE by 10.3% — measured on the HYRE/TRAC ratio, so it holds regardless of market direction.

Hyre Agent →OriginTrail →