分红狗头 (Dividend Dog Head) vs 牛来 (Niu Lai)

牛来 (Niu Lai) (牛来) is 4627.2× the size of 分红狗头 (Dividend Dog Head) (分红狗头) by market capitalisation. Over the past 30 days, 牛来 is ahead by 4.9 percentage points (分红狗头 -20.3% against 牛来 -15.5%). Their daily returns move barely in opposite directions (correlation -0.17 across 30 shared trading days). 牛来 has been the more volatile of the two, at 194% annualised against 分红狗头's 49%.

Correlation: -0.17
Size ratio: 1 : 4627.2
Ahead over 30 days: 牛来

分红狗头 (Dividend Dog Head)分红狗头

$1.183e-5

24h: —
Market cap: $11,833
Volume 24h: —
Volatility (ann.): 49%

牛来 (Niu Lai)牛来

$0.053420

24h: -13.45%
Market cap: $54.76M
Volume 24h: $10.43M
Volatility (ann.): 194%

分红狗头 0.0%Share of the two combined market caps100.0% 牛来

Performance

分红狗头牛来

7 days-8.13%+11.18%牛来
30 days-20.33%-15.46%牛来

Correlation

-0.17over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1790d: 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	分红狗头	牛来
Max drawdown (400d)	-22.4%	-60.2%
Risk-adjusted return (90d)	-0.41	-0.09

Relative strength over 90 days: 分红狗头 outperformed 牛来 by 21.7% — measured on the 分红狗头/牛来 ratio, so it holds regardless of market direction.

分红狗头 (Dividend Dog Head) →牛来 (Niu Lai) →