FORGE vs Bordrless

FORGE (FORGE) and Bordrless (BORDR) compared side by side. Over the past 30 days, FORGE is ahead by 69.1 percentage points (FORGE -30.7% against BORDR -99.8%). Their daily returns move barely in opposite directions (correlation -0.12 across 36 shared trading days). FORGE has been the more volatile of the two, at 20046% annualised against BORDR's 907%.

Correlation: -0.12
Ahead over 30 days: FORGE

FORGEFORGE

$0.000143

24h: -8.62%
Market cap: —
Volume 24h: $5
Volatility (ann.): 20046%

BordrlessBORDR

$1.323e-5

24h: -10.45%
Market cap: $13,231
Volume 24h: $950,857
Volatility (ann.): 907%

FORGE 0.0%Share of the two combined market caps100.0% BORDR

Performance

FORGEBORDR

7 days+19.88%-35.56%FORGE
30 days-30.74%-99.81%FORGE

Correlation

-0.12over 36 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1190d: 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	FORGE	BORDR
Max drawdown (400d)	-99.1%	-99.8%
Risk-adjusted return (90d)	0.00	-0.11

Relative strength over 90 days: FORGE outperformed BORDR by 3109.5% — measured on the FORGE/BORDR ratio, so it holds regardless of market direction.

FORGE →Bordrless →