MIA vs OriginTrail

OriginTrail (TRAC) is 18.2× the size of MIA (MIA) by market capitalisation. Over the past 30 days, MIA is ahead by 5.2 percentage points (MIA +9.9% against TRAC +4.7%). Their daily returns move closely together (correlation 0.71 across 23 shared trading days). TRAC has been the more volatile of the two, at 104% annualised against MIA's 40%.

Correlation: 0.71
Size ratio: 1 : 18.2
Ahead over 30 days: MIA

MIAMIA

$0.015086

24h: -2.70%
Market cap: $8.27M
Volume 24h: $12,125
Volatility (ann.): 40%

OriginTrailTRAC

$0.335982

24h: +1.76%
Market cap: $150.28M
Volume 24h: $1.79M
Volatility (ann.): 104%

MIA 5.2%Share of the two combined market caps94.8% TRAC

Performance

MIATRAC

7 days-3.94%-7.03%MIA
30 days+9.89%+4.69%MIA

Correlation

0.71over 23 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	MIA	TRAC
Max drawdown (400d)	-5.3%	-22.2%
Risk-adjusted return (90d)	0.25	0.29

Relative strength over 90 days: MIA outperformed TRAC by 0.9% — measured on the MIA/TRAC ratio, so it holds regardless of market direction.

MIA →OriginTrail →