币安人生 (BinanceLife) (币安人生) is 30.2× the size of 龙虾 (Lobster) (龙虾) by market capitalisation. Their daily returns move barely together (correlation 0.03 across 57 shared trading days). 龙虾 has been the more volatile of the two, at 529% annualised against 币安人生's 172%.
龙虾币安人生
0.03over 57 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 | 龙虾 | 币安人生 |
|---|---|---|
| Max drawdown (400d) | -91.2% | -84.5% |
| Risk-adjusted return (90d) | -0.02 | 0.02 |
Relative strength over 90 days: 币安人生 outperformed 龙虾 by 24.1% — measured on the 龙虾/币安人生 ratio, so it holds regardless of market direction.