Save vs Olympus

Olympus (OHM) is 32.3× the size of Save (SAVE) by market capitalisation. Over the past 30 days, SAVE is ahead by 38.0 percentage points (SAVE +28.1% against OHM -9.8%). Their daily returns move barely in opposite directions (correlation -0.16 across 22 shared trading days). SAVE has been the more volatile of the two, at 159% annualised against OHM's 29%.

Correlation: -0.16
Size ratio: 1 : 32.3
Ahead over 30 days: SAVE

SaveSAVE

$0.169728

24h: —
Market cap: $8.49M
Volume 24h: —
Volatility (ann.): 159%

OlympusOHM

$18.3700

24h: -0.06%
Market cap: $274.39M
Volume 24h: $264,136
Volatility (ann.): 29%

SAVE 3.0%Share of the two combined market caps97.0% OHM

Performance

SAVEOHM

7 days-3.49%-5.47%SAVE
30 days+28.12%-9.84%SAVE

Correlation

-0.16over 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	SAVE	OHM
Max drawdown (400d)	-13.3%	-10.8%
Risk-adjusted return (90d)	0.18	-0.03

Relative strength over 90 days: SAVE outperformed OHM by 24.1% — measured on the SAVE/OHM ratio, so it holds regardless of market direction.

Save →Olympus →