MATES vs OriginTrail

OriginTrail (TRAC) is 2877.2× the size of MATES (MATES) by market capitalisation. Over the past 30 days, TRAC is ahead by 26.8 percentage points (MATES -19.0% against TRAC +7.8%). Their daily returns move barely together (correlation 0.25 across 21 shared trading days). TRAC has been the more volatile of the two, at 104% annualised against MATES's 52%.

Correlation: 0.25
Size ratio: 1 : 2877.2
Ahead over 30 days: TRAC

MATESMATES

$9.270e-6

24h: +3.25%
Market cap: $52,246
Volume 24h: $78
Volatility (ann.): 52%

OriginTrailTRAC

$0.336086

24h: -3.22%
Market cap: $150.32M
Volume 24h: $1.35M
Volatility (ann.): 104%

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

Performance

MATESTRAC

7 days-4.24%-5.27%MATES
30 days-18.96%+7.85%TRAC

Correlation

0.25over 21 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	MATES	TRAC
Max drawdown (400d)	-23.0%	-22.2%
Risk-adjusted return (90d)	-0.35	0.33

Relative strength over 90 days: MATES outperformed TRAC by 6.5% — measured on the MATES/TRAC ratio, so it holds regardless of market direction.

MATES →OriginTrail →