OriginTrail (TRAC) is 5708.4× the size of Paca AI (PACA) by market capitalisation. Their daily returns move loosely together (correlation 0.38 across 34 shared trading days). Both have run at a similar volatility, around 100% annualised.
PACATRAC
0.38over 34 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 | PACA | TRAC |
|---|---|---|
| Max drawdown (400d) | -53.7% | -25.0% |
| Risk-adjusted return (90d) | -0.05 | 0.24 |
Relative strength over 90 days: TRAC outperformed PACA by 44.5% — measured on the PACA/TRAC ratio, so it holds regardless of market direction.