NianNian vs 牛来 (Niu Lai)

牛来 (Niu Lai) (牛来) is 258.5× the size of NianNian (NIANNIAN) by market capitalisation. Over the past 30 days, 牛来 is ahead by 19.3 percentage points (NIANNIAN -34.8% against 牛来 -15.5%). Their daily returns move barely in opposite directions (correlation -0.24 across 35 shared trading days). 牛来 has been the more volatile of the two, at 194% annualised against NIANNIAN's 135%.

Correlation: -0.24
Size ratio: 1 : 258.5
Ahead over 30 days: 牛来

NianNianNIANNIAN

$0.000275

24h: +2.40%
Market cap: $249,089
Volume 24h: $628
Volatility (ann.): 135%

牛来 (Niu Lai)牛来

$0.063900

24h: +0.00%
Market cap: $64.39M
Volume 24h: $9.39M
Volatility (ann.): 194%

NIANNIAN 0.4%Share of the two combined market caps99.6% 牛来

Performance

NIANNIAN牛来

7 days-11.31%+11.18%牛来
30 days-34.76%-15.46%牛来

Correlation

-0.24over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0790d: 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	NIANNIAN	牛来
Max drawdown (400d)	-38.7%	-60.2%
Risk-adjusted return (90d)	-0.13	-0.09

Relative strength over 90 days: NIANNIAN outperformed 牛来 by 26.1% — measured on the NIANNIAN/牛来 ratio, so it holds regardless of market direction.

NianNian →牛来 (Niu Lai) →