uTrade vs Tradoor

Tradoor (TRADOOR) is 6.1× the size of uTrade (UTT) by market capitalisation. Over the past 30 days, UTT is ahead by 72.6 percentage points (UTT +60.2% against TRADOOR -12.4%). Their daily returns move barely in opposite directions (correlation -0.12 across 29 shared trading days). UTT has been the more volatile of the two, at 158% annualised against TRADOOR's 82%.

Correlation: -0.12
Size ratio: 1 : 6.1
Ahead over 30 days: UTT

uTradeUTT

$0.308305

24h: +0.02%
Market cap: $1.36M
Volume 24h: $219,880
Volatility (ann.): 158%

TradoorTRADOOR

$0.576751

24h: -1.87%
Market cap: $8.28M
Volume 24h: $1.38M
Volatility (ann.): 82%

UTT 14.1%Share of the two combined market caps85.9% TRADOOR

Performance

UTTTRADOOR

7 days+31.69%-5.66%UTT
30 days+60.17%-12.42%UTT

Correlation

-0.12over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1290d: 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	UTT	TRADOOR
Max drawdown (400d)	-16.5%	-23.6%
Risk-adjusted return (90d)	0.38	-0.03

Relative strength over 90 days: UTT outperformed TRADOOR by 42.7% — measured on the UTT/TRADOOR ratio, so it holds regardless of market direction.

uTrade →Tradoor →