Onocoy Token vs Aethir

Aethir (ATH) is 46.6× the size of Onocoy Token (ONO) by market capitalisation. Over the past 30 days, ONO is ahead by 36.9 percentage points (ONO +45.5% against ATH +8.6%). Their daily returns move barely in opposite directions (correlation -0.08 across 30 shared trading days). Both have run at a similar volatility, around 143% annualised.

Correlation: -0.08
Size ratio: 1 : 46.6
Ahead over 30 days: ONO

Onocoy TokenONO

$0.020441

24h: +1.14%
Market cap: $2.24M
Volume 24h: $2,632
Volatility (ann.): 136%

AethirATH

$0.005172

24h: +4.01%
Market cap: $104.08M
Volume 24h: $11.08M
Volatility (ann.): 149%

ONO 2.1%Share of the two combined market caps97.9% ATH

Performance

ONOATH

7 days+12.95%-14.66%ONO
30 days+45.48%+8.62%ONO

Correlation

-0.08over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0890d: 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	ONO	ATH
Max drawdown (400d)	-18.9%	-22.7%
Risk-adjusted return (90d)	0.20	0.22

Relative strength over 90 days: ONO outperformed ATH by 23.1% — measured on the ONO/ATH ratio, so it holds regardless of market direction.

Onocoy Token →Aethir →