币安人生 (BinanceLife) (币安人生) is 54898.7× the size of 牛马打工人 (牛马) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.20 across 22 shared trading days). 币安人生 has been the more volatile of the two, at 171% annualised against 牛马's 39%.
牛马币安人生
-0.20over 22 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 | 牛马 | 币安人生 |
|---|---|---|
| Max drawdown (400d) | -15.0% | -84.5% |
| Risk-adjusted return (90d) | -0.33 | -0.07 |
Relative strength over 90 days: 币安人生 outperformed 牛马 by 15.2% — measured on the 牛马/币安人生 ratio, so it holds regardless of market direction.