币安人生 (BinanceLife) (币安人生) is 40745.7× the size of 分红狗头 (Dividend Dog Head) (分红狗头) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.14 across 30 shared trading days). 币安人生 has been the more volatile of the two, at 171% annualised against 分红狗头's 49%.
分红狗头币安人生
-0.14over 30 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 | 分红狗头 | 币安人生 |
|---|---|---|
| Max drawdown (400d) | -22.4% | -84.5% |
| Risk-adjusted return (90d) | -0.41 | -0.07 |
Relative strength over 90 days: 币安人生 outperformed 分红狗头 by 22.6% — measured on the 分红狗头/币安人生 ratio, so it holds regardless of market direction.