ParagonsDAO vs ECOMI

ECOMI (OMI) is 13.1× the size of ParagonsDAO (PDT) by market capitalisation. Over the past 30 days, OMI is ahead by 7.5 percentage points (PDT +3.0% against OMI +10.5%). Their daily returns move barely in opposite directions (correlation -0.21 across 27 shared trading days). OMI has been the more volatile of the two, at 91% annualised against PDT's 72%.

Correlation: -0.21
Size ratio: 1 : 13.1
Ahead over 30 days: OMI

ParagonsDAOPDT

$0.058470

24h: —
Market cap: $4.93M
Volume 24h: —
Volatility (ann.): 72%

ECOMIOMI

$0.000237

24h: -1.03%
Market cap: $64.32M
Volume 24h: $777,473
Volatility (ann.): 91%

PDT 7.1%Share of the two combined market caps92.9% OMI

Performance

PDTOMI

7 days-1.16%-13.31%PDT
30 days+2.95%+10.49%OMI

Correlation

-0.21over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2190d: 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	PDT	OMI
Max drawdown (400d)	-13.2%	-28.3%
Risk-adjusted return (90d)	0.04	0.22

Relative strength over 90 days: PDT outperformed OMI by 12.2% — measured on the PDT/OMI ratio, so it holds regardless of market direction.

ParagonsDAO →ECOMI →