Crypto winter vs 牛来 (Niu Lai)

牛来 (Niu Lai) (牛来) is 1313.2× the size of Crypto winter (CRYPTO WINTER) by market capitalisation. Over the past 30 days, CRYPTO WINTER is ahead by 61.6 percentage points (CRYPTO WINTER +29.1% against 牛来 -32.4%). Their daily returns move barely together (correlation 0.17 across 36 shared trading days). 牛来 has been the more volatile of the two, at 198% annualised against CRYPTO WINTER's 107%.

Correlation: 0.17
Size ratio: 1 : 1313.2
Ahead over 30 days: CRYPTO WINTER

Crypto winterCRYPTO WINTER

$4.047e-5

24h: +3.38%
Market cap: $40,466
Volume 24h: $67
Volatility (ann.): 107%

牛来 (Niu Lai)牛来

$0.053630

24h: -16.85%
Market cap: $53.14M
Volume 24h: $11.60M
Volatility (ann.): 198%

CRYPTO WINTER 0.1%Share of the two combined market caps99.9% 牛来

Performance

CRYPTO WINTER牛来

7 days+24.81%-2.04%CRYPTO WINTER
30 days+29.12%-32.44%CRYPTO WINTER

Correlation

0.17over 36 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	CRYPTO WINTER	牛来
Max drawdown (400d)	-13.1%	-60.4%
Risk-adjusted return (90d)	0.29	-0.16

Relative strength over 90 days: CRYPTO WINTER outperformed 牛来 by 144.0% — measured on the CRYPTO WINTER/牛来 ratio, so it holds regardless of market direction.

Crypto winter →牛来 (Niu Lai) →