OpenVPP [Old] vs OriginTrail

OriginTrail (TRAC) is 19385.1× the size of OpenVPP [Old] (OVPP) by market capitalisation. Over the past 30 days, TRAC is ahead by 65.5 percentage points (OVPP -64.1% against TRAC +1.4%). Their daily returns move barely together (correlation 0.23 across 21 shared trading days). OVPP has been the more volatile of the two, at 1809% annualised against TRAC's 104%.

Correlation: 0.23
Size ratio: 1 : 19385.1
Ahead over 30 days: TRAC

OpenVPP [Old]OVPP

$7.650e-6

24h: +0.01%
Market cap: $7,623
Volume 24h: $78
Volatility (ann.): 1809%

OriginTrailTRAC

$0.330391

24h: -5.71%
Market cap: $147.78M
Volume 24h: $3.20M
Volatility (ann.): 104%

OVPP 0.0%Share of the two combined market caps100.0% TRAC

Performance

OVPPTRAC

7 days-48.68%-8.44%TRAC
30 days-64.13%+1.37%TRAC

Correlation

0.23over 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	OVPP	TRAC
Max drawdown (400d)	-91.1%	-25.0%
Risk-adjusted return (90d)	-0.04	0.24

Relative strength over 90 days: TRAC outperformed OVPP by 55.9% — measured on the OVPP/TRAC ratio, so it holds regardless of market direction.

OpenVPP [Old] →OriginTrail →