Virtuals Protocol (VIRTUAL) is 6869.4× the size of UOMI (UOMI) by market capitalisation. Their daily returns move closely together (correlation 0.75 across 32 shared trading days). UOMI has been the more volatile of the two, at 186% annualised against VIRTUAL's 119%.
UOMIVIRTUAL
0.75over 32 shared trading days
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.
| Metric | UOMI | VIRTUAL |
|---|---|---|
| Max drawdown (400d) | -55.8% | -71.7% |
| Risk-adjusted return (90d) | -0.30 | 0.06 |
| Best 30 days (past year) | — | +47.4% |
| Worst 30 days (past year) | — | -54.7% |
Relative strength over 90 days: VIRTUAL outperformed UOMI by 48.0% — measured on the UOMI/VIRTUAL ratio, so it holds regardless of market direction.