币安人生 (BinanceLife) (币安人生) is 75902.2× the size of 4STOCKS (四股) by market capitalisation. Their daily returns move loosely together (correlation 0.48 across 35 shared trading days). 币安人生 has been the more volatile of the two, at 171% annualised against 四股's 46%.
四股币安人生
0.48over 35 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 | 四股 | 币安人生 |
|---|---|---|
| Max drawdown (400d) | -19.3% | -84.5% |
| Risk-adjusted return (90d) | -0.28 | -0.07 |
Relative strength over 90 days: 币安人生 outperformed 四股 by 15.6% — measured on the 四股/币安人生 ratio, so it holds regardless of market direction.