Arweave (AR) is 120.5× the size of OORT (OORT) by market capitalisation. Over the past 1 year, AR is ahead by 76.2 percentage points (OORT -96.9% against AR -20.7%). Their daily returns move barely together (correlation 0.12 across 366 shared trading days). OORT has been the more volatile of the two, at 184% annualised against AR's 119%.
OORTAR
0.12over 366 shared trading days
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.
| Metric | OORT | AR |
|---|---|---|
| Max drawdown (400d) | -98.4% | -80.7% |
| Risk-adjusted return (90d) | -0.20 | 0.67 |
| Best 30 days (past year) | +188.3% | +124.8% |
| Worst 30 days (past year) | -80.9% | -53.3% |
Relative strength over 90 days: AR outperformed OORT by 71.0% — measured on the OORT/AR ratio, so it holds regardless of market direction.