Obortech vs OriginTrail

OriginTrail (TRAC) is 205.8× the size of Obortech (OBOT) by market capitalisation. Over the past 30 days, TRAC is ahead by 6.4 percentage points (OBOT +1.5% against TRAC +7.8%). Their daily returns move barely together (correlation 0.05 across 22 shared trading days). OBOT has been the more volatile of the two, at 334% annualised against TRAC's 104%.

Correlation: 0.05
Size ratio: 1 : 205.8
Ahead over 30 days: TRAC

ObortechOBOT

$0.002455

24h: —
Market cap: $736,382
Volume 24h: $1,456
Volatility (ann.): 334%

OriginTrailTRAC

$0.338859

24h: -2.02%
Market cap: $151.56M
Volume 24h: $3.75M
Volatility (ann.): 104%

OBOT 0.5%Share of the two combined market caps99.5% TRAC

Performance

OBOTTRAC

7 days+5.00%-5.27%OBOT
30 days+1.45%+7.85%TRAC

Correlation

0.05over 22 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	OBOT	TRAC
Max drawdown (400d)	-32.9%	-22.2%
Risk-adjusted return (90d)	0.10	0.33

Relative strength over 90 days: OBOT outperformed TRAC by 16.9% — measured on the OBOT/TRAC ratio, so it holds regardless of market direction.

Obortech →OriginTrail →