领头羊 vs 牛来 (Niu Lai)

牛来 (Niu Lai) (牛来) is 2948.4× the size of 领头羊 (领头羊) by market capitalisation. Over the past 30 days, 牛来 is ahead by 22.3 percentage points (领头羊 -37.8% against 牛来 -15.5%). Their daily returns move barely together (correlation 0.15 across 34 shared trading days). 牛来 has been the more volatile of the two, at 194% annualised against 领头羊's 147%.

Correlation: 0.15
Size ratio: 1 : 2948.4
Ahead over 30 days: 牛来

领头羊领头羊

$1.802e-5

24h: +2.76%
Market cap: $18,019
Volume 24h: $67
Volatility (ann.): 147%

牛来 (Niu Lai)牛来

$0.053680

24h: -17.15%
Market cap: $53.13M
Volume 24h: $10.68M
Volatility (ann.): 194%

领头羊 0.0%Share of the two combined market caps100.0% 牛来

Performance

领头羊牛来

7 days-3.83%+11.18%牛来
30 days-37.80%-15.46%牛来

Correlation

0.15over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0990d: 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	领头羊	牛来
Max drawdown (400d)	-46.0%	-60.2%
Risk-adjusted return (90d)	-0.24	-0.09

Relative strength over 90 days: 牛来 outperformed 领头羊 by 1.1% — measured on the 领头羊/牛来 ratio, so it holds regardless of market direction.

领头羊 →牛来 (Niu Lai) →