Maple Finance (SYRUP) is 20.0× the size of ORIGYN (OGY) by market capitalisation. Over the past 1 year, OGY is ahead by 14.5 percentage points (OGY -46.2% against SYRUP -60.7%). Their daily returns move loosely together (correlation 0.35 across 373 shared trading days). Both have run at a similar volatility, around 88% annualised.
OGYSYRUP
0.35over 373 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 | OGY | SYRUP |
|---|---|---|
| Max drawdown (400d) | -72.0% | -74.3% |
| Risk-adjusted return (90d) | 0.58 | 0.00 |
| Best 30 days (past year) | +78.2% | +52.7% |
| Worst 30 days (past year) | -53.2% | -49.6% |
Relative strength over 90 days: OGY outperformed SYRUP by 53.8% — measured on the OGY/SYRUP ratio, so it holds regardless of market direction.