币安人生 (BinanceLife) (币安人生) is 19526.7× the size of gugugaga (咕咕嘎嘎) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.11 across 36 shared trading days). 币安人生 has been the more volatile of the two, at 171% annualised against 咕咕嘎嘎's 102%.
咕咕嘎嘎币安人生
-0.11over 36 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 | 咕咕嘎嘎 | 币安人生 |
|---|---|---|
| Max drawdown (400d) | -35.3% | -84.5% |
| Risk-adjusted return (90d) | -0.31 | -0.08 |
Relative strength over 90 days: 币安人生 outperformed 咕咕嘎嘎 by 27.1% — measured on the 咕咕嘎嘎/币安人生 ratio, so it holds regardless of market direction.