币安人生 (BinanceLife) (币安人生) is 8639.4× the size of 雪球人生 (A Snowball Life) (雪球人生) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.26 across 36 shared trading days). 雪球人生 has been the more volatile of the two, at 349% annualised against 币安人生's 171%.
雪球人生币安人生
-0.26over 36 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 | 雪球人生 | 币安人生 |
|---|---|---|
| Max drawdown (400d) | -74.8% | -84.5% |
| Risk-adjusted return (90d) | -0.19 | -0.08 |
Relative strength over 90 days: 币安人生 outperformed 雪球人生 by 64.6% — measured on the 雪球人生/币安人生 ratio, so it holds regardless of market direction.