Energy vs BULLA

BULLA (BULLA) is 20.9× the size of Energy ($NRG) by market capitalisation. Over the past 30 days, BULLA is ahead by 48.5 percentage points ($NRG -46.8% against BULLA +1.7%). Their daily returns move barely in opposite directions (correlation -0.12 across 32 shared trading days). BULLA has been the more volatile of the two, at 628% annualised against $NRG's 138%.

Correlation: -0.12
Size ratio: 1 : 20.9
Ahead over 30 days: BULLA

Energy$NRG

$0.001383

24h: -0.00%
Market cap: $1.36M
Volume 24h: $5,125
Volatility (ann.): 138%

BULLABULLA

$0.071177

24h: -2.73%
Market cap: $28.32M
Volume 24h: $452,705
Volatility (ann.): 628%

$NRG 4.6%Share of the two combined market caps95.4% BULLA

Performance

$NRGBULLA

7 days-32.25%-2.12%BULLA
30 days-46.81%+1.70%BULLA

Correlation

-0.12over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1290d: 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	$NRG	BULLA
Max drawdown (400d)	-54.8%	-54.0%
Risk-adjusted return (90d)	-0.39	0.49

Relative strength over 90 days: BULLA outperformed $NRG by 89.8% — measured on the $NRG/BULLA ratio, so it holds regardless of market direction.

Energy →BULLA →