BOOKWORM vs Bordrless

BOOKWORM (BOOK) and Bordrless (BORDR) compared side by side. Over the past 30 days, BOOK is ahead by 160.1 percentage points (BOOK +61.4% against BORDR -98.7%). Their daily returns move barely in opposite directions (correlation -0.28 across 29 shared trading days). BORDR has been the more volatile of the two, at 959% annualised against BOOK's 280%.

Correlation: -0.28
Ahead over 30 days: BOOK

BOOKWORMBOOK

$2.918e-5

24h: -5.32%
Market cap: —
Volume 24h: $30
Volatility (ann.): 280%

BordrlessBORDR

$2.055e-5

24h: +23.32%
Market cap: $20,548
Volume 24h: $1.10M
Volatility (ann.): 959%

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

Performance

BOOKBORDR

7 days+21.30%-16.86%BOOK
30 days+61.36%-98.75%BOOK

Correlation

-0.28over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2890d: 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	BOOK	BORDR
Max drawdown (400d)	-36.3%	-99.8%
Risk-adjusted return (90d)	0.29	-0.10

Relative strength over 90 days: BOOK outperformed BORDR by 5350.1% — measured on the BOOK/BORDR ratio, so it holds regardless of market direction.

BOOKWORM →Bordrless →