Permission Coin vs OriginTrail

OriginTrail (TRAC) is 74.4× the size of Permission Coin (ASK) by market capitalisation. Over the past 30 days, TRAC is ahead by 8.4 percentage points (ASK -3.7% against TRAC +4.7%). Their daily returns move loosely together (correlation 0.46 across 31 shared trading days). TRAC has been the more volatile of the two, at 104% annualised against ASK's 19%.

Correlation: 0.46
Size ratio: 1 : 74.4
Ahead over 30 days: TRAC

Permission CoinASK

$8.738e-5

24h: +0.23%
Market cap: $2.02M
Volume 24h: $61
Volatility (ann.): 19%

OriginTrailTRAC

$0.335839

24h: -0.55%
Market cap: $150.21M
Volume 24h: $1.89M
Volatility (ann.): 104%

ASK 1.3%Share of the two combined market caps98.7% TRAC

Performance

ASKTRAC

7 days-1.78%-7.03%ASK
30 days-3.75%+4.69%TRAC

Correlation

0.46over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4690d: 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	ASK	TRAC
Max drawdown (400d)	-6.9%	-22.2%
Risk-adjusted return (90d)	-0.21	0.29

Relative strength over 90 days: TRAC outperformed ASK by 5.6% — measured on the ASK/TRAC ratio, so it holds regardless of market direction.

Permission Coin →OriginTrail →