minepad vs Bordrless

Bordrless (BORDR) is 4.8× the size of minepad (MINEPAD) by market capitalisation. Over the past 30 days, MINEPAD is ahead by 29.7 percentage points (MINEPAD -70.0% against BORDR -99.7%). Their daily returns move barely in opposite directions (correlation -0.07 across 34 shared trading days). BORDR has been the more volatile of the two, at 919% annualised against MINEPAD's 534%.

Correlation: -0.07
Size ratio: 1 : 4.8
Ahead over 30 days: MINEPAD

minepadMINEPAD

$4.710e-6

24h: —
Market cap: $4,303
Volume 24h: —
Volatility (ann.): 534%

BordrlessBORDR

$2.055e-5

24h: +23.32%
Market cap: $20,548
Volume 24h: $1.10M
Volatility (ann.): 919%

MINEPAD 17.3%Share of the two combined market caps82.7% BORDR

Performance

MINEPADBORDR

7 days-11.04%-35.15%MINEPAD
30 days-69.98%-99.72%MINEPAD

Correlation

-0.07over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.3290d: 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	MINEPAD	BORDR
Max drawdown (400d)	-98.3%	-99.8%
Risk-adjusted return (90d)	-0.18	-0.11

Relative strength over 90 days: MINEPAD outperformed BORDR by 134.8% — measured on the MINEPAD/BORDR ratio, so it holds regardless of market direction.

minepad →Bordrless →