NetNet vs Olympus

Olympus (OHM) is 358.1× the size of NetNet (NET) by market capitalisation. Over the past 30 days, OHM is ahead by 79.1 percentage points (NET -89.0% against OHM -9.8%). Their daily returns move loosely together (correlation 0.42 across 24 shared trading days). NET has been the more volatile of the two, at 405% annualised against OHM's 29%.

Correlation: 0.42
Size ratio: 1 : 358.1
Ahead over 30 days: OHM

NetNetNET

$158.4300

24h: -0.47%
Market cap: $764,299
Volume 24h: $602,348
Volatility (ann.): 405%

OlympusOHM

$18.3200

24h: -0.34%
Market cap: $273.66M
Volume 24h: $247,809
Volatility (ann.): 29%

NET 0.3%Share of the two combined market caps99.7% OHM

Performance

NETOHM

7 days-72.37%-5.47%OHM
30 days-88.95%-9.84%OHM

Correlation

0.42over 24 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	NET	OHM
Max drawdown (400d)	-89.1%	-10.8%
Risk-adjusted return (90d)	-0.22	-0.03

Relative strength over 90 days: OHM outperformed NET by 88.2% — measured on the NET/OHM ratio, so it holds regardless of market direction.

NetNet →Olympus →