Buying.com vs MiL.k

MiL.k (MLK) is 6.9× the size of Buying.com (BUY) by market capitalisation. Over the past 30 days, MLK is ahead by 42.7 percentage points (BUY -39.5% against MLK +3.2%). Their daily returns move barely in opposite directions (correlation -0.26 across 34 shared trading days). MLK has been the more volatile of the two, at 795% annualised against BUY's 259%.

Correlation: -0.26
Size ratio: 1 : 6.9
Ahead over 30 days: MLK

Buying.comBUY

$0.004988

24h: +38.41%
Market cap: $3.26M
Volume 24h: $2,106
Volatility (ann.): 259%

MiL.kMLK

$0.038382

24h: +1.40%
Market cap: $22.39M
Volume 24h: $1.79M
Volatility (ann.): 795%

BUY 12.7%Share of the two combined market caps87.3% MLK

Performance

BUYMLK

7 days-7.45%+7.97%MLK
30 days-39.48%+3.25%MLK

Correlation

-0.26over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2690d: 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	BUY	MLK
Max drawdown (400d)	-61.2%	-70.3%
Risk-adjusted return (90d)	-0.19	0.01

Relative strength over 90 days: MLK outperformed BUY by 51.6% — measured on the BUY/MLK ratio, so it holds regardless of market direction.

Buying.com →MiL.k →