Inverse Cramer vs Bordrless

Inverse Cramer (REMARC) and Bordrless (BORDR) compared side by side. Over the past 30 days, REMARC is ahead by 42.5 percentage points (REMARC -57.0% against BORDR -99.5%). Their daily returns move barely in opposite directions (correlation -0.28 across 25 shared trading days). REMARC has been the more volatile of the two, at 1443% annualised against BORDR's 944%.

Correlation: -0.28
Ahead over 30 days: REMARC

Inverse CramerREMARC

$2.895e-6

24h: -0.04%
Market cap: —
Volume 24h: $1
Volatility (ann.): 1443%

BordrlessBORDR

$2.055e-5

24h: +23.32%
Market cap: $20,548
Volume 24h: $1.10M
Volatility (ann.): 944%

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

Performance

REMARCBORDR

7 days-26.98%-10.80%BORDR
30 days-56.95%-99.45%REMARC

Correlation

-0.28over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2890d: 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	REMARC	BORDR
Max drawdown (400d)	-81.6%	-99.8%
Risk-adjusted return (90d)	-0.04	-0.10

Relative strength over 90 days: REMARC outperformed BORDR by 1377.8% — measured on the REMARC/BORDR ratio, so it holds regardless of market direction.

Inverse Cramer →Bordrless →