Liqwid Finance vs Olympus

Olympus (OHM) is 65.8× the size of Liqwid Finance (LQ) by market capitalisation. Over the past 30 days, LQ is ahead by 81.9 percentage points (LQ +72.1% against OHM -9.8%). Their daily returns move barely together (correlation 0.02 across 22 shared trading days). LQ has been the more volatile of the two, at 109% annualised against OHM's 29%.

Correlation: 0.02
Size ratio: 1 : 65.8
Ahead over 30 days: LQ

Liqwid FinanceLQ

$0.205467

24h: -5.73%
Market cap: $4.17M
Volume 24h: $3,470
Volatility (ann.): 109%

OlympusOHM

$18.4000

24h: +0.13%
Market cap: $274.87M
Volume 24h: $254,956
Volatility (ann.): 29%

LQ 1.5%Share of the two combined market caps98.5% OHM

Performance

LQOHM

7 days+10.47%-5.47%LQ
30 days+72.08%-9.84%LQ

Correlation

0.02over 22 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	LQ	OHM
Max drawdown (400d)	-10.3%	-10.8%
Risk-adjusted return (90d)	0.66	-0.03

Relative strength over 90 days: LQ outperformed OHM by 66.6% — measured on the LQ/OHM ratio, so it holds regardless of market direction.

Liqwid Finance →Olympus →