OriginTrail (TRAC) is 3189.8× the size of J3FF by Virtuals (J3FF) by market capitalisation. Their daily returns move closely together (correlation 0.75 across 26 shared trading days). Both have run at a similar volatility, around 109% annualised.
J3FFTRAC
0.75over 26 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 | J3FF | TRAC |
|---|---|---|
| Max drawdown (400d) | -59.5% | -22.2% |
| Risk-adjusted return (90d) | -0.14 | 0.33 |
Relative strength over 90 days: TRAC outperformed J3FF by 8.0% — measured on the J3FF/TRAC ratio, so it holds regardless of market direction.