PsyDAO vs OriginTrail

OriginTrail (TRAC) is 1712.0× the size of PsyDAO (PSY) by market capitalisation. Over the past 30 days, TRAC is ahead by 27.7 percentage points (PSY -19.9% against TRAC +7.8%). Their daily returns move barely together (correlation 0.26 across 22 shared trading days). TRAC has been the more volatile of the two, at 104% annualised against PSY's 67%.

Correlation: 0.26
Size ratio: 1 : 1712.0
Ahead over 30 days: TRAC

PsyDAOPSY

$0.002659

24h: +5.77%
Market cap: $91,355
Volume 24h: $369
Volatility (ann.): 67%

OriginTrailTRAC

$0.349668

24h: +4.10%
Market cap: $156.40M
Volume 24h: $3.71M
Volatility (ann.): 104%

PSY 0.1%Share of the two combined market caps99.9% TRAC

Performance

PSYTRAC

7 days-3.96%-5.27%PSY
30 days-19.87%+7.85%TRAC

Correlation

0.26over 22 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	PSY	TRAC
Max drawdown (400d)	-28.8%	-22.2%
Risk-adjusted return (90d)	-0.31	0.33

Relative strength over 90 days: TRAC outperformed PSY by 3.2% — measured on the PSY/TRAC ratio, so it holds regardless of market direction.

PsyDAO →OriginTrail →