ReplyCorp vs OriginTrail

OriginTrail (TRAC) is 340.1× the size of ReplyCorp (REPLY) by market capitalisation. Over the past 30 days, TRAC is ahead by 44.0 percentage points (REPLY -39.3% against TRAC +4.7%). Their daily returns move barely together (correlation 0.26 across 22 shared trading days). Both have run at a similar volatility, around 98% annualised.

Correlation: 0.26
Size ratio: 1 : 340.1
Ahead over 30 days: TRAC

ReplyCorpREPLY

$0.000955

24h: +0.16%
Market cap: $441,849
Volume 24h: $38
Volatility (ann.): 92%

OriginTrailTRAC

$0.335982

24h: +1.76%
Market cap: $150.28M
Volume 24h: $1.79M
Volatility (ann.): 104%

REPLY 0.3%Share of the two combined market caps99.7% TRAC

Performance

REPLYTRAC

7 days-6.02%-7.03%REPLY
30 days-39.29%+4.69%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	REPLY	TRAC
Max drawdown (400d)	-40.4%	-22.2%
Risk-adjusted return (90d)	-0.37	0.29

Relative strength over 90 days: REPLY outperformed TRAC by 2.0% — measured on the REPLY/TRAC ratio, so it holds regardless of market direction.

ReplyCorp →OriginTrail →