ORBIT vs Grass

Grass (GRASS) is 2505.1× the size of ORBIT (GRIFT) by market capitalisation. Over the past 30 days, GRASS is ahead by 96.5 percentage points (GRIFT -18.3% against GRASS +78.2%). Their daily returns move loosely together (correlation 0.50 across 23 shared trading days). GRASS has been the more volatile of the two, at 212% annualised against GRIFT's 50%.

Correlation: 0.50
Size ratio: 1 : 2505.1
Ahead over 30 days: GRASS

ORBITGRIFT

$0.000158

24h: +4.58%
Market cap: $157,474
Volume 24h: $57
Volatility (ann.): 50%

GrassGRASS

$0.546412

24h: -8.75%
Market cap: $394.49M
Volume 24h: $16.38M
Volatility (ann.): 212%

GRIFT 0.0%Share of the two combined market caps100.0% GRASS

Performance

GRIFTGRASS

7 days-5.30%-15.26%GRIFT
30 days-18.32%+78.19%GRASS

Correlation

0.50over 23 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	GRIFT	GRASS
Max drawdown (400d)	-21.3%	-25.3%
Risk-adjusted return (90d)	-0.34	0.36

Relative strength over 90 days: GRIFT outperformed GRASS by 13.2% — measured on the GRIFT/GRASS ratio, so it holds regardless of market direction.

ORBIT →Grass →