HyperLoop vs Bordrless

HyperLoop (HLOOP) and Bordrless (BORDR) compared side by side. Over the past 30 days, HLOOP is ahead by 101.3 percentage points (HLOOP +2.6% against BORDR -98.7%). Their daily returns move barely in opposite directions (correlation -0.19 across 20 shared trading days). HLOOP has been the more volatile of the two, at 2461% annualised against BORDR's 959%.

Correlation: -0.19
Ahead over 30 days: HLOOP

HyperLoopHLOOP

$4.783e-6

24h: -11.64%
Market cap: —
Volume 24h: $12
Volatility (ann.): 2461%

BordrlessBORDR

$2.055e-5

24h: +23.32%
Market cap: $20,548
Volume 24h: $1.10M
Volatility (ann.): 959%

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

Performance

HLOOPBORDR

7 days-64.98%-16.86%BORDR
30 days+2.56%-98.75%HLOOP

Correlation

-0.19over 20 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	HLOOP	BORDR
Max drawdown (400d)	-80.4%	-99.8%
Risk-adjusted return (90d)	0.00	-0.10

Relative strength over 90 days: HLOOP outperformed BORDR by 4313.6% — measured on the HLOOP/BORDR ratio, so it holds regardless of market direction.

HyperLoop →Bordrless →