币安人生 (BinanceLife) (币安人生) is 69149.0× the size of 币安时代 (Binance Era) (币安时代) by market capitalisation. Their daily returns move barely together (correlation 0.30 across 31 shared trading days). 币安人生 has been the more volatile of the two, at 171% annualised against 币安时代's 74%.
币安时代币安人生
0.30over 31 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 | 币安时代 | 币安人生 |
|---|---|---|
| Max drawdown (400d) | -30.9% | -84.5% |
| Risk-adjusted return (90d) | -0.42 | -0.07 |
Relative strength over 90 days: 币安人生 outperformed 币安时代 by 32.9% — measured on the 币安时代/币安人生 ratio, so it holds regardless of market direction.