PinLink vs OriginTrail

OriginTrail (TRAC) is 33.7× the size of PinLink (PIN) by market capitalisation. Their daily returns move barely together (correlation 0.35 across 45 shared trading days). PIN has been the more volatile of the two, at 200% annualised against TRAC's 104%.

Correlation: 0.35
Size ratio: 1 : 33.7

PinLinkPIN

$0.046275

24h: +4.67%
Market cap: $4.63M
Volume 24h: $134,714
Volatility (ann.): 200%

OriginTrailTRAC

$0.348609

24h: +4.27%
Market cap: $155.92M
Volume 24h: $1.56M
Volatility (ann.): 104%

PIN 2.9%Share of the two combined market caps97.1% TRAC

Performance

PINTRAC

7 days-13.23%-7.03%TRAC
30 days-12.21%+4.69%TRAC
90 days+40.06%——

Correlation

0.35over 45 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5390d: 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	PIN	TRAC
Max drawdown (400d)	-50.6%	-22.2%
Risk-adjusted return (90d)	0.19	0.29

Relative strength over 90 days: PIN outperformed TRAC by 77.3% — measured on the PIN/TRAC ratio, so it holds regardless of market direction.

PinLink →OriginTrail →