币安人生 (BinanceLife) (币安人生) is 5805.2× the size of 翻身币税助力凉兮翻身 (翻身币) by market capitalisation. Their daily returns move barely together (correlation 0.03 across 35 shared trading days). 翻身币 has been the more volatile of the two, at 402% annualised against 币安人生's 171%.
翻身币币安人生
0.03over 35 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 | 翻身币 | 币安人生 |
|---|---|---|
| Max drawdown (400d) | -53.5% | -84.5% |
| Risk-adjusted return (90d) | 0.08 | -0.07 |
Relative strength over 90 days: 翻身币 outperformed 币安人生 by 28.8% — measured on the 翻身币/币安人生 ratio, so it holds regardless of market direction.