MoltID vs OriginTrail

OriginTrail (TRAC) is 12926.1× the size of MoltID (MOLTID) by market capitalisation. Over the past 30 days, TRAC is ahead by 36.8 percentage points (MOLTID -28.9% against TRAC +7.8%). Their daily returns move barely in opposite directions (correlation -0.25 across 21 shared trading days). TRAC has been the more volatile of the two, at 104% annualised against MOLTID's 54%.

Correlation: -0.25
Size ratio: 1 : 12926.1
Ahead over 30 days: TRAC

MoltIDMOLTID

$1.207e-5

24h: +3.36%
Market cap: $11,549
Volume 24h: $12
Volatility (ann.): 54%

OriginTrailTRAC

$0.333776

24h: -4.86%
Market cap: $149.28M
Volume 24h: $2.36M
Volatility (ann.): 104%

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

Performance

MOLTIDTRAC

7 days-9.25%-5.27%TRAC
30 days-28.92%+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	MOLTID	TRAC
Max drawdown (400d)	-34.3%	-22.2%
Risk-adjusted return (90d)	-0.61	0.33

Relative strength over 90 days: TRAC outperformed MOLTID by 7.3% — measured on the MOLTID/TRAC ratio, so it holds regardless of market direction.

MoltID →OriginTrail →