Quantum Biology DAO vs OriginTrail

OriginTrail (TRAC) is 715.4× the size of Quantum Biology DAO (QBIO) by market capitalisation. Over the past 30 days, TRAC is ahead by 68.0 percentage points (QBIO -60.1% against TRAC +7.8%). Their daily returns move barely in opposite directions (correlation -0.02 across 23 shared trading days). QBIO has been the more volatile of the two, at 138% annualised against TRAC's 104%.

Correlation: -0.02
Size ratio: 1 : 715.4
Ahead over 30 days: TRAC

Quantum Biology DAOQBIO

$0.001120

24h: —
Market cap: $218,325
Volume 24h: $310
Volatility (ann.): 138%

OriginTrailTRAC

$0.349226

24h: +5.41%
Market cap: $156.20M
Volume 24h: $3.09M
Volatility (ann.): 104%

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

Performance

QBIOTRAC

7 days+1.83%-5.27%QBIO
30 days-60.13%+7.85%TRAC

Correlation

-0.02over 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	QBIO	TRAC
Max drawdown (400d)	-62.5%	-22.2%
Risk-adjusted return (90d)	-0.43	0.33

Relative strength over 90 days: TRAC outperformed QBIO by 15.7% — measured on the QBIO/TRAC ratio, so it holds regardless of market direction.

Quantum Biology DAO →OriginTrail →