CatDog (CATDOG) and Bordrless (BORDR) compared side by side. Over the past 30 days, CATDOG is ahead by 49.9 percentage points (CATDOG -49.5% against BORDR -99.5%). Their daily returns move barely together (correlation 0.11 across 21 shared trading days). CATDOG has been the more volatile of the two, at 22616% annualised against BORDR's 944%.
CATDOGBORDR
0.11over 21 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 | CATDOG | BORDR |
|---|---|---|
| Max drawdown (400d) | -98.4% | -99.8% |
| Risk-adjusted return (90d) | 0.00 | -0.10 |
Relative strength over 90 days: CATDOG outperformed BORDR by 50.1% — measured on the CATDOG/BORDR ratio, so it holds regardless of market direction.