Triad [OLD] vs Opinion

Triad [OLD] (TRD) and Opinion (OPN) compared side by side. Their daily returns move barely in opposite directions (correlation -0.19 across 29 shared trading days). TRD has been the more volatile of the two, at 6036195% annualised against OPN's 170%.

Correlation: -0.19

Triad [OLD]TRD

$0.001094

24h: -0.50%
Market cap: —
Volume 24h: $7
Volatility (ann.): 6036195%

OpinionOPN

$0.043400

24h: -1.90%
Market cap: $8.92M
Volume 24h: $7.34M
Volatility (ann.): 170%

TRD 0.0%Share of the two combined market caps100.0% OPN

Performance

TRDOPN

7 days-8.13%-16.43%TRD
30 days-23.80%-25.93%TRD
90 days—-18.24%—

Correlation

-0.19over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1990d: 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	TRD	OPN
Max drawdown (400d)	-100.0%	-88.8%
Risk-adjusted return (90d)	0.00	-0.20

Relative strength over 90 days: TRD outperformed OPN by 13.7% — measured on the TRD/OPN ratio, so it holds regardless of market direction.

Triad [OLD] →Opinion →