BULLA (BULLA) is 1208.4× the size of I Choose Rich Everytime (NICK) by market capitalisation. Their daily returns move barely together (correlation 0.12 across 33 shared trading days). BULLA has been the more volatile of the two, at 617% annualised against NICK's 135%.
NICKBULLA
0.12over 33 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 | NICK | BULLA |
|---|---|---|
| Max drawdown (400d) | -68.0% | -55.1% |
| Risk-adjusted return (90d) | -0.12 | 0.46 |
Relative strength over 90 days: BULLA outperformed NICK by 73.6% — measured on the NICK/BULLA ratio, so it holds regardless of market direction.