Redacted Terminal vs OriginTrail

OriginTrail (TRAC) is 17142.1× the size of Redacted Terminal (███) by market capitalisation. Over the past 30 days, TRAC is ahead by 30.4 percentage points (███ -22.6% against TRAC +7.8%). Their daily returns move barely together (correlation 0.29 across 20 shared trading days). TRAC has been the more volatile of the two, at 104% annualised against ███'s 43%.

Correlation: 0.29
Size ratio: 1 : 17142.1
Ahead over 30 days: TRAC

Redacted Terminal███

$7.900e-6

24h: —
Market cap: $8,682
Volume 24h: —
Volatility (ann.): 43%

OriginTrailTRAC

$0.332730

24h: -5.18%
Market cap: $148.82M
Volume 24h: $2.11M
Volatility (ann.): 104%

███ 0.0%Share of the two combined market caps100.0% TRAC

Performance

███TRAC

7 days-7.73%-5.27%TRAC
30 days-22.56%+7.85%TRAC

Correlation

0.29over 20 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	███	TRAC
Max drawdown (400d)	-22.6%	-22.2%
Risk-adjusted return (90d)	-0.52	0.33

Relative strength over 90 days: ███ outperformed TRAC by 1.0% — measured on the ███/TRAC ratio, so it holds regardless of market direction.

Redacted Terminal →OriginTrail →