BagsPay vs Bordrless

BagsPay (BAGSPAY) and Bordrless (BORDR) compared side by side. Over the past 30 days, BAGSPAY is ahead by 0.0 percentage points (BAGSPAY -99.7% against BORDR -99.7%). Their daily returns move barely together (correlation 0.09 across 24 shared trading days). BAGSPAY has been the more volatile of the two, at 106633% annualised against BORDR's 919%.

Correlation: 0.09
Ahead over 30 days: BAGSPAY

BagsPayBAGSPAY

$2.863e-6

24h: -11.66%
Market cap: —
Volume 24h: $227
Volatility (ann.): 106633%

BordrlessBORDR

$2.055e-5

24h: +23.32%
Market cap: $20,548
Volume 24h: $1.10M
Volatility (ann.): 919%

BAGSPAY 0.0%Share of the two combined market caps100.0% BORDR

Performance

BAGSPAYBORDR

7 days-99.72%-35.15%BORDR
30 days-99.67%-99.72%BAGSPAY

Correlation

0.09over 24 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	BAGSPAY	BORDR
Max drawdown (400d)	-99.8%	-99.8%
Risk-adjusted return (90d)	0.00	-0.11

Relative strength over 90 days: BORDR outperformed BAGSPAY by 89.0% — measured on the BAGSPAY/BORDR ratio, so it holds regardless of market direction.

BagsPay →Bordrless →