Theoriq vs OriginTrail

OriginTrail (TRAC) is 18.7× the size of Theoriq (THQ) by market capitalisation. Their daily returns move closely together (correlation 0.62 across 44 shared trading days). THQ has been the more volatile of the two, at 129% annualised against TRAC's 104%.

Correlation: 0.62
Size ratio: 1 : 18.7

TheoriqTHQ

$0.009456

24h: -0.73%
Market cap: $8.05M
Volume 24h: $152,974
Volatility (ann.): 129%

OriginTrailTRAC

$0.335839

24h: -0.55%
Market cap: $150.21M
Volume 24h: $1.89M
Volatility (ann.): 104%

THQ 5.1%Share of the two combined market caps94.9% TRAC

Performance

THQTRAC

7 days-6.57%-7.03%THQ
30 days-18.46%+4.69%TRAC
90 days-22.87%——
1 year-89.80%——

Correlation

0.62over 44 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.7790d: 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	THQ	TRAC
Max drawdown (400d)	-90.1%	-22.2%
Risk-adjusted return (90d)	-0.23	0.29

Relative strength over 90 days: TRAC outperformed THQ by 22.4% — measured on the THQ/TRAC ratio, so it holds regardless of market direction.

Theoriq →OriginTrail →