Wise vs Olympus

Olympus (OHM) is 25.3× the size of Wise (WISE) by market capitalisation. Over the past 30 days, WISE is ahead by 2.4 percentage points (WISE -7.4% against OHM -9.8%). Their daily returns move loosely together (correlation 0.46 across 32 shared trading days). WISE has been the more volatile of the two, at 55% annualised against OHM's 29%.

Correlation: 0.46
Size ratio: 1 : 25.3
Ahead over 30 days: WISE

WiseWISE

$0.123282

24h: +0.31%
Market cap: $10.92M
Volume 24h: $293
Volatility (ann.): 55%

OlympusOHM

$18.4800

24h: +0.06%
Market cap: $276.11M
Volume 24h: $285,467
Volatility (ann.): 29%

WISE 3.8%Share of the two combined market caps96.2% OHM

Performance

WISEOHM

7 days-2.81%-5.47%WISE
30 days-7.40%-9.84%WISE

Correlation

0.46over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4690d: 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	WISE	OHM
Max drawdown (400d)	-18.5%	-10.8%
Risk-adjusted return (90d)	-0.12	-0.03

Relative strength over 90 days: OHM outperformed WISE by 0.5% — measured on the WISE/OHM ratio, so it holds regardless of market direction.

Wise →Olympus →