哈基米 (Hajimi) (哈基米) is 374.6× the size of 火蝴蝶 (火蝴蝶) by market capitalisation. Their daily returns move loosely together (correlation 0.51 across 37 shared trading days). 哈基米 has been the more volatile of the two, at 615% annualised against 火蝴蝶's 193%.
火蝴蝶哈基米
0.51over 37 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 | 火蝴蝶 | 哈基米 |
|---|---|---|
| Max drawdown (400d) | -97.4% | -70.3% |
| Risk-adjusted return (90d) | 0.15 | 0.02 |
Relative strength over 90 days: 哈基米 outperformed 火蝴蝶 by 17.6% — measured on the 火蝴蝶/哈基米 ratio, so it holds regardless of market direction.