LO0P vs Olympus

Olympus (OHM) is 2669.2× the size of LO0P (LO0P) by market capitalisation. Over the past 30 days, OHM is ahead by 8.5 percentage points (LO0P -31.4% against OHM -22.9%). Their daily returns move loosely in opposite directions (correlation -0.40 across 25 shared trading days). LO0P has been the more volatile of the two, at 57% annualised against OHM's 33%.

Correlation: -0.40
Size ratio: 1 : 2669.2
Ahead over 30 days: OHM

LO0PLO0P

$0.087072

24h: —
Market cap: $87,072
Volume 24h: $96
Volatility (ann.): 57%

OlympusOHM

$15.5700

24h: +0.86%
Market cap: $232.41M
Volume 24h: $307,964
Volatility (ann.): 33%

LO0P 0.0%Share of the two combined market caps100.0% OHM

Performance

LO0POHM

7 days-7.59%-11.17%LO0P
30 days-31.43%-22.93%OHM

Correlation

-0.40over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.4090d: 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	LO0P	OHM
Max drawdown (400d)	-32.0%	-26.1%
Risk-adjusted return (90d)	-0.56	-0.54

Relative strength over 90 days: OHM outperformed LO0P by 10.1% — measured on the LO0P/OHM ratio, so it holds regardless of market direction.

LO0P →Olympus →