Spectral vs OriginTrail

OriginTrail (TRAC) is 647.6× the size of Spectral (SPEC) by market capitalisation. Over the past 30 days, TRAC is ahead by 47.3 percentage points (SPEC -39.4% against TRAC +7.8%). Their daily returns move barely together (correlation 0.30 across 22 shared trading days). SPEC has been the more volatile of the two, at 146% annualised against TRAC's 104%.

Correlation: 0.30
Size ratio: 1 : 647.6
Ahead over 30 days: TRAC

SpectralSPEC

$0.004561

24h: -10.89%
Market cap: $242,440
Volume 24h: $791
Volatility (ann.): 146%

OriginTrailTRAC

$0.351006

24h: +6.64%
Market cap: $157.00M
Volume 24h: $2.82M
Volatility (ann.): 104%

SPEC 0.2%Share of the two combined market caps99.8% TRAC

Performance

SPECTRAC

7 days-12.09%-5.27%TRAC
30 days-39.45%+7.85%TRAC

Correlation

0.30over 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	SPEC	TRAC
Max drawdown (400d)	-39.5%	-22.2%
Risk-adjusted return (90d)	-0.15	0.33

Relative strength over 90 days: TRAC outperformed SPEC by 13.3% — measured on the SPEC/TRAC ratio, so it holds regardless of market direction.

Spectral →OriginTrail →