TempleDAO vs Wrapped AyeAyeCoin

TempleDAO (TEMPLE) is 20.3× the size of Wrapped AyeAyeCoin (WAAC) by market capitalisation. Over the past 30 days, TEMPLE is ahead by 24.6 percentage points (TEMPLE +4.7% against WAAC -19.9%). Their daily returns move barely together (correlation 0.20 across 33 shared trading days). WAAC has been the more volatile of the two, at 212% annualised against TEMPLE's 60%.

Correlation: 0.20
Size ratio: 20.3×
Ahead over 30 days: TEMPLE

TempleDAOTEMPLE

$2.7300

24h: +1.11%
Market cap: $64.68M
Volume 24h: $3,071
Volatility (ann.): 60%

Wrapped AyeAyeCoinWAAC

$0.532145

24h: -1.06%
Market cap: $3.19M
Volume 24h: $437
Volatility (ann.): 212%

TEMPLE 95.3%Share of the two combined market caps4.7% WAAC

Performance

TEMPLEWAAC

7 days-10.00%+4.79%WAAC
30 days+4.65%-19.91%TEMPLE

Correlation

0.20over 33 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2490d: 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	TEMPLE	WAAC
Max drawdown (400d)	-13.5%	-39.6%
Risk-adjusted return (90d)	0.02	-0.05

Relative strength over 90 days: TEMPLE outperformed WAAC by 22.7% — measured on the TEMPLE/WAAC ratio, so it holds regardless of market direction.

TempleDAO →Wrapped AyeAyeCoin →