Nest vs Olympus

Olympus (OHM) is 474.6× the size of Nest (NEST) by market capitalisation. Over the past 30 days, OHM is ahead by 45.6 percentage points (NEST -55.4% against OHM -9.8%). Their daily returns move loosely together (correlation 0.57 across 28 shared trading days). NEST has been the more volatile of the two, at 141% annualised against OHM's 29%.

Correlation: 0.57
Size ratio: 1 : 474.6
Ahead over 30 days: OHM

NestNEST

$0.001208

24h: -0.61%
Market cap: $576,520
Volume 24h: $628
Volatility (ann.): 141%

OlympusOHM

$18.3200

24h: -0.60%
Market cap: $273.63M
Volume 24h: $192,051
Volatility (ann.): 29%

NEST 0.2%Share of the two combined market caps99.8% OHM

Performance

NESTOHM

7 days-13.74%-5.47%OHM
30 days-55.39%-9.84%OHM

Correlation

0.57over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5790d: 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	NEST	OHM
Max drawdown (400d)	-58.4%	-10.8%
Risk-adjusted return (90d)	-0.37	-0.03

Relative strength over 90 days: OHM outperformed NEST by 48.4% — measured on the NEST/OHM ratio, so it holds regardless of market direction.

Nest →Olympus →