Pixie Dust vs Olympus

Olympus (OHM) is 5182.3× the size of Pixie Dust (DUST) by market capitalisation. Over the past 30 days, OHM is ahead by 26.8 percentage points (DUST -36.2% against OHM -9.4%). Their daily returns move barely in opposite directions (correlation -0.16 across 24 shared trading days). DUST has been the more volatile of the two, at 59% annualised against OHM's 28%.

Correlation: -0.16
Size ratio: 1 : 5182.3
Ahead over 30 days: OHM

Pixie DustDUST

$0.015547

24h: -1.82%
Market cap: $51,476
Volume 24h: $323
Volatility (ann.): 59%

OlympusOHM

$17.8600

24h: -3.93%
Market cap: $266.76M
Volume 24h: $282,807
Volatility (ann.): 28%

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

Performance

DUSTOHM

7 days-7.03%-4.73%OHM
30 days-36.20%-9.40%OHM

Correlation

-0.16over 24 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	DUST	OHM
Max drawdown (400d)	-40.8%	-10.8%
Risk-adjusted return (90d)	-0.69	-0.03

Relative strength over 90 days: OHM outperformed DUST by 16.0% — measured on the DUST/OHM ratio, so it holds regardless of market direction.

Pixie Dust →Olympus →