RAXOL vs OriginTrail

OriginTrail (TRAC) is 61.1× the size of RAXOL (RAXOL) by market capitalisation. Over the past 30 days, RAXOL is ahead by 79.7 percentage points (RAXOL +84.4% against TRAC +4.7%). Their daily returns move barely together (correlation 0.22 across 33 shared trading days). RAXOL has been the more volatile of the two, at 470% annualised against TRAC's 104%.

Correlation: 0.22
Size ratio: 1 : 61.1
Ahead over 30 days: RAXOL

RAXOLRAXOL

$0.002475

24h: +5.24%
Market cap: $2.47M
Volume 24h: $68,619
Volatility (ann.): 470%

OriginTrailTRAC

$0.338157

24h: +0.51%
Market cap: $151.25M
Volume 24h: $1.96M
Volatility (ann.): 104%

RAXOL 1.6%Share of the two combined market caps98.4% TRAC

Performance

RAXOLTRAC

7 days-29.87%-7.03%TRAC
30 days+84.43%+4.69%RAXOL

Correlation

0.22over 33 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2890d: 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	RAXOL	TRAC
Max drawdown (400d)	-67.8%	-22.2%
Risk-adjusted return (90d)	0.10	0.29

Relative strength over 90 days: RAXOL outperformed TRAC by 49.0% — measured on the RAXOL/TRAC ratio, so it holds regardless of market direction.

RAXOL →OriginTrail →