Sinverse vs ECOMI

ECOMI (OMI) is 487.5× the size of Sinverse (SIN) by market capitalisation. Over the past 30 days, OMI is ahead by 14.2 percentage points (SIN -1.8% against OMI +12.4%). Their daily returns move barely together (correlation 0.14 across 20 shared trading days). SIN has been the more volatile of the two, at 134% annualised against OMI's 91%.

Correlation: 0.14
Size ratio: 1 : 487.5
Ahead over 30 days: OMI

SinverseSIN

$0.000141

24h: -4.49%
Market cap: $132,112
Volume 24h: $3,130
Volatility (ann.): 134%

ECOMIOMI

$0.000238

24h: -1.33%
Market cap: $64.40M
Volume 24h: $735,471
Volatility (ann.): 91%

SIN 0.2%Share of the two combined market caps99.8% OMI

Performance

SINOMI

7 days-18.04%-9.73%OMI
30 days-1.78%+12.40%OMI

Correlation

0.14over 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	SIN	OMI
Max drawdown (400d)	-37.5%	-28.3%
Risk-adjusted return (90d)	-0.04	0.22

Relative strength over 90 days: OMI outperformed SIN by 23.6% — measured on the SIN/OMI ratio, so it holds regardless of market direction.

Sinverse →ECOMI →