OriginTrail (TRAC) is 3974.7× the size of Oracle of Preferences ZK by Virtuals (OOPZ) by market capitalisation. Their daily returns move closely together (correlation 0.68 across 32 shared trading days). Both have run at a similar volatility, around 104% annualised.
$3.803e-5
OOPZTRAC
0.68over 32 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 | OOPZ | TRAC |
|---|---|---|
| Max drawdown (400d) | -84.5% | -25.0% |
| Risk-adjusted return (90d) | -0.31 | 0.24 |
Relative strength over 90 days: TRAC outperformed OOPZ by 21.3% — measured on the OOPZ/TRAC ratio, so it holds regardless of market direction.