RuneMine vs Olympus

Olympus (OHM) is 5152.5× the size of RuneMine (MINE) by market capitalisation. Over the past 30 days, OHM is ahead by 14.4 percentage points (MINE -23.8% against OHM -9.4%). Their daily returns move barely together (correlation 0.11 across 22 shared trading days). MINE has been the more volatile of the two, at 66% annualised against OHM's 28%.

Correlation: 0.11
Size ratio: 1 : 5152.5
Ahead over 30 days: OHM

RuneMineMINE

$0.000100

24h: +7.73%
Market cap: $50,060
Volume 24h: $98
Volatility (ann.): 66%

OlympusOHM

$17.2700

24h: -5.96%
Market cap: $257.94M
Volume 24h: $737,343
Volatility (ann.): 28%

MINE 0.0%Share of the two combined market caps100.0% OHM

Performance

MINEOHM

7 days+3.37%-4.73%MINE
30 days-23.82%-9.40%OHM

Correlation

0.11over 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	MINE	OHM
Max drawdown (400d)	-31.9%	-10.8%
Risk-adjusted return (90d)	-0.36	-0.03

Relative strength over 90 days: OHM outperformed MINE by 13.9% — measured on the MINE/OHM ratio, so it holds regardless of market direction.

RuneMine →Olympus →