币安人生 (BinanceLife) (币安人生) is 171.7× the size of 金蝶圣甲 (Golden Butterfly Sacred Armor) (金蝶圣甲) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.04 across 41 shared trading days). 金蝶圣甲 has been the more volatile of the two, at 224% annualised against 币安人生's 172%.
$0.015252
金蝶圣甲币安人生
-0.04over 41 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 | 金蝶圣甲 | 币安人生 |
|---|---|---|
| Max drawdown (400d) | -79.8% | -84.5% |
| Risk-adjusted return (90d) | -0.32 | 0.02 |
Relative strength over 90 days: 币安人生 outperformed 金蝶圣甲 by 72.0% — measured on the 金蝶圣甲/币安人生 ratio, so it holds regardless of market direction.