TermMax vs Olympus

Olympus (OHM) is 492.9× the size of TermMax (TMX) by market capitalisation. Over the past 30 days, OHM is ahead by 86.6 percentage points (TMX -96.5% against OHM -9.8%). Their daily returns move barely together (correlation 0.10 across 30 shared trading days). TMX has been the more volatile of the two, at 239% annualised against OHM's 29%.

Correlation: 0.10
Size ratio: 1 : 492.9
Ahead over 30 days: OHM

TermMaxTMX

$0.003633

24h: -2.15%
Market cap: $555,115
Volume 24h: $981,479
Volatility (ann.): 239%

OlympusOHM

$18.3200

24h: -0.60%
Market cap: $273.63M
Volume 24h: $192,051
Volatility (ann.): 29%

TMX 0.2%Share of the two combined market caps99.8% OHM

Performance

TMXOHM

7 days-65.47%-5.47%OHM
30 days-96.46%-9.84%OHM

Correlation

0.10over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1090d: 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	TMX	OHM
Max drawdown (400d)	-97.6%	-10.8%
Risk-adjusted return (90d)	-0.41	-0.03

Relative strength over 90 days: OHM outperformed TMX by 97.4% — measured on the TMX/OHM ratio, so it holds regardless of market direction.

TermMax →Olympus →