OPEN Ticketing Ecosystem vs Collector Crypt

Collector Crypt (CARDS) is 516.2× the size of OPEN Ticketing Ecosystem (OPN) by market capitalisation. Over the past 30 days, CARDS is ahead by 134.4 percentage points (OPN -43.2% against CARDS +91.2%). Their daily returns move barely together (correlation 0.12 across 21 shared trading days). CARDS has been the more volatile of the two, at 226% annualised against OPN's 87%.

Correlation: 0.12
Size ratio: 1 : 516.2
Ahead over 30 days: CARDS

OPEN Ticketing EcosystemOPN

$1.993e-5

24h: +0.48%
Market cap: $456,963
Volume 24h: $12
Volatility (ann.): 87%

Collector CryptCARDS

$0.266921

24h: +14.47%
Market cap: $235.87M
Volume 24h: $10.90M
Volatility (ann.): 226%

OPN 0.2%Share of the two combined market caps99.8% CARDS

Performance

OPNCARDS

7 days-8.94%-17.07%OPN
30 days-43.16%+91.22%CARDS

Correlation

0.12over 21 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	OPN	CARDS
Max drawdown (400d)	-44.9%	-44.8%
Risk-adjusted return (90d)	-0.49	0.21

Relative strength over 90 days: CARDS outperformed OPN by 35.5% — measured on the OPN/CARDS ratio, so it holds regardless of market direction.

OPEN Ticketing Ecosystem →Collector Crypt →