World Mobile Token vs OriginTrail

OriginTrail (TRAC) is 9.9× the size of World Mobile Token (WMTX) by market capitalisation. Over the past 30 days, TRAC is ahead by 52.1 percentage points (WMTX -47.4% against TRAC +4.7%). Their daily returns move closely in opposite directions (correlation -0.64 across 38 shared trading days). WMTX has been the more volatile of the two, at 137% annualised against TRAC's 104%.

Correlation: -0.64
Size ratio: 1 : 9.9
Ahead over 30 days: TRAC

World Mobile TokenWMTX

$0.017859

24h: -1.04%
Market cap: $15.21M
Volume 24h: $37,885
Volatility (ann.): 137%

OriginTrailTRAC

$0.335839

24h: -0.55%
Market cap: $150.21M
Volume 24h: $1.89M
Volatility (ann.): 104%

WMTX 9.2%Share of the two combined market caps90.8% TRAC

Performance

WMTXTRAC

7 days-3.04%-7.03%WMTX
30 days-47.39%+4.69%TRAC

Correlation

-0.64over 38 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.6990d: 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	WMTX	TRAC
Max drawdown (400d)	-51.8%	-22.2%
Risk-adjusted return (90d)	-0.36	0.29

Relative strength over 90 days: TRAC outperformed WMTX by 44.5% — measured on the WMTX/TRAC ratio, so it holds regardless of market direction.

World Mobile Token →OriginTrail →