Spore vs OriginTrail

OriginTrail (TRAC) is 1927.8× the size of Spore (SPORE) by market capitalisation. Over the past 30 days, TRAC is ahead by 39.3 percentage points (SPORE -31.4% against TRAC +7.8%). Their daily returns move barely together (correlation 0.28 across 22 shared trading days). TRAC has been the more volatile of the two, at 104% annualised against SPORE's 55%.

Correlation: 0.28
Size ratio: 1 : 1927.8
Ahead over 30 days: TRAC

SporeSPORE

$8.132e-5

24h: —
Market cap: $81,310
Volume 24h: —
Volatility (ann.): 55%

OriginTrailTRAC

$0.350450

24h: +3.31%
Market cap: $156.75M
Volume 24h: $3.67M
Volatility (ann.): 104%

SPORE 0.1%Share of the two combined market caps99.9% TRAC

Performance

SPORETRAC

7 days-15.12%-5.27%TRAC
30 days-31.43%+7.85%TRAC

Correlation

0.28over 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	SPORE	TRAC
Max drawdown (400d)	-33.3%	-22.2%
Risk-adjusted return (90d)	-0.55	0.33

Relative strength over 90 days: TRAC outperformed SPORE by 7.1% — measured on the SPORE/TRAC ratio, so it holds regardless of market direction.

Spore →OriginTrail →