Kairence vs OriginTrail

OriginTrail (TRAC) is 164.7× the size of Kairence (KAI) by market capitalisation. Over the past 30 days, TRAC is ahead by 73.1 percentage points (KAI -65.3% against TRAC +7.8%). Their daily returns move barely in opposite directions (correlation -0.03 across 30 shared trading days). KAI has been the more volatile of the two, at 618% annualised against TRAC's 104%.

Correlation: -0.03
Size ratio: 1 : 164.7
Ahead over 30 days: TRAC

KairenceKAI

$0.000369

24h: +0.93%
Market cap: $950,030
Volume 24h: $807
Volatility (ann.): 618%

OriginTrailTRAC

$0.349776

24h: +5.60%
Market cap: $156.45M
Volume 24h: $3.16M
Volatility (ann.): 104%

KAI 0.6%Share of the two combined market caps99.4% TRAC

Performance

KAITRAC

7 days-5.05%-5.27%KAI
30 days-65.26%+7.85%TRAC

Correlation

-0.03over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0390d: 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	KAI	TRAC
Max drawdown (400d)	-72.9%	-22.2%
Risk-adjusted return (90d)	0.09	0.33

Relative strength over 90 days: KAI outperformed TRAC by 44.3% — measured on the KAI/TRAC ratio, so it holds regardless of market direction.

Kairence →OriginTrail →