Coinye West vs BULLA

BULLA (BULLA) is 175.5× the size of Coinye West (COINYE) by market capitalisation. Over the past 30 days, BULLA is ahead by 0.9 percentage points (COINYE -10.4% against BULLA -9.4%). Their daily returns move barely together (correlation 0.04 across 23 shared trading days). BULLA has been the more volatile of the two, at 617% annualised against COINYE's 55%.

Correlation: 0.04
Size ratio: 1 : 175.5
Ahead over 30 days: BULLA

Coinye WestCOINYE

$0.000157

24h: -7.08%
Market cap: $138,084
Volume 24h: $179
Volatility (ann.): 55%

BULLABULLA

$0.060901

24h: -12.00%
Market cap: $24.23M
Volume 24h: $1.80M
Volatility (ann.): 617%

COINYE 0.6%Share of the two combined market caps99.4% BULLA

Performance

COINYEBULLA

7 days-6.80%-6.28%BULLA
30 days-10.35%-9.41%BULLA

Correlation

0.04over 23 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	COINYE	BULLA
Max drawdown (400d)	-13.1%	-55.1%
Risk-adjusted return (90d)	-0.23	0.46

Relative strength over 90 days: BULLA outperformed COINYE by 1.2% — measured on the COINYE/BULLA ratio, so it holds regardless of market direction.

Coinye West →BULLA →