OVO vs Artificial Superintelligence Alliance

Artificial Superintelligence Alliance (FET) is 5553.1× the size of OVO (OVO) by market capitalisation. Over the past 1 year, FET is ahead by 41.8 percentage points (OVO -65.3% against FET -23.5%). Their daily returns move barely together (correlation 0.03 across 363 shared trading days). OVO has been the more volatile of the two, at 155% annualised against FET's 118%.

Correlation: 0.03
Size ratio: 1 : 5553.1
Ahead over 1 year: FET

OVOOVO

$0.000375

24h: —
Market cap: $61,801
Volume 24h: $10
Volatility (ann.): 155%

Artificial Superintelligence AllianceFET

$0.149000

24h: -8.13%
Market cap: $343.19M
Volume 24h: $71.68M
Volatility (ann.): 118%

OVO 0.0%Share of the two combined market caps100.0% FET

Performance

OVOFET

7 days-5.34%-12.20%OVO
30 days-5.70%-36.41%OVO
90 days-6.05%+19.48%FET
1 year-65.29%-23.49%FET

Correlation

0.03over 363 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4590d: 0.301y: 0.03

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	OVO	FET
Max drawdown (400d)	-86.7%	-80.0%
Risk-adjusted return (90d)	-0.30	0.18
Best 30 days (past year)	—	+77.4%
Worst 30 days (past year)	—	-49.9%

Relative strength over 90 days: OVO outperformed FET by 2.4% — measured on the OVO/FET ratio, so it holds regardless of market direction.

OVO →Artificial Superintelligence Alliance →