LionDad (LIONDAD) and Bordrless (BORDR) compared side by side. Over the past 30 days, LIONDAD is ahead by 73.4 percentage points (LIONDAD -26.3% against BORDR -99.7%). Their daily returns move loosely together (correlation 0.55 across 26 shared trading days). BORDR has been the more volatile of the two, at 919% annualised against LIONDAD's 251%.
LIONDADBORDR
0.55over 26 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 | LIONDAD | BORDR |
|---|---|---|
| Max drawdown (400d) | -47.9% | -99.8% |
| Risk-adjusted return (90d) | -0.12 | -0.11 |
Relative strength over 90 days: LIONDAD outperformed BORDR by 2609.5% — measured on the LIONDAD/BORDR ratio, so it holds regardless of market direction.