Pike Finance vs Olympus

Olympus (OHM) is 3746.3× the size of Pike Finance (P) by market capitalisation. Over the past 30 days, P is ahead by 2.8 percentage points (P -6.6% against OHM -9.4%). Their daily returns move barely together (correlation 0.35 across 23 shared trading days). OHM has been the more volatile of the two, at 28% annualised against P's 7%.

Correlation: 0.35
Size ratio: 1 : 3746.3
Ahead over 30 days: P

Pike FinanceP

$0.000312

24h: —
Market cap: $71,766
Volume 24h: $61
Volatility (ann.): 7%

OlympusOHM

$18.0000

24h: -2.53%
Market cap: $268.86M
Volume 24h: $257,619
Volatility (ann.): 28%

P 0.0%Share of the two combined market caps100.0% OHM

Performance

POHM

7 days-3.11%-4.73%P
30 days-6.64%-9.40%P

Correlation

0.35over 23 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	P	OHM
Max drawdown (400d)	-7.1%	-10.8%
Risk-adjusted return (90d)	-1.05	-0.03

Relative strength over 90 days: P outperformed OHM by 2.8% — measured on the P/OHM ratio, so it holds regardless of market direction.

Pike Finance →Olympus →