VPay vs OriginTrail

OriginTrail (TRAC) is 931.2× the size of VPay (VPAY) by market capitalisation. Over the past 30 days, TRAC is ahead by 41.9 percentage points (VPAY -34.1% against TRAC +7.8%). Their daily returns move barely together (correlation 0.15 across 23 shared trading days). TRAC has been the more volatile of the two, at 104% annualised against VPAY's 86%.

Correlation: 0.15
Size ratio: 1 : 931.2
Ahead over 30 days: TRAC

VPayVPAY

$0.000169

24h: +12.43%
Market cap: $168,796
Volume 24h: $1,968
Volatility (ann.): 86%

OriginTrailTRAC

$0.351434

24h: +4.80%
Market cap: $157.19M
Volume 24h: $2.61M
Volatility (ann.): 104%

VPAY 0.1%Share of the two combined market caps99.9% TRAC

Performance

VPAYTRAC

7 days+4.06%-5.27%VPAY
30 days-34.07%+7.85%TRAC

Correlation

0.15over 23 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	VPAY	TRAC
Max drawdown (400d)	-47.3%	-22.2%
Risk-adjusted return (90d)	-0.45	0.33

Relative strength over 90 days: VPAY outperformed TRAC by 8.8% — measured on the VPAY/TRAC ratio, so it holds regardless of market direction.

VPay →OriginTrail →