牛马 (Niu Ma) vs 牛来 (Niu Lai)

牛来 (Niu Lai) (牛来) is 5523.9× the size of 牛马 (Niu Ma) (牛马) by market capitalisation. Over the past 30 days, 牛来 is ahead by 5.4 percentage points (牛马 -30.7% against 牛来 -25.3%). Their daily returns move barely together (correlation 0.27 across 34 shared trading days). Both have run at a similar volatility, around 197% annualised.

Correlation: 0.27
Size ratio: 1 : 5523.9
Ahead over 30 days: 牛来

牛马 (Niu Ma)牛马

$1.173e-5

24h: -1.92%
Market cap: $11,613
Volume 24h: $634
Volatility (ann.): 199%

牛来 (Niu Lai)牛来

$0.064480

24h: +1.63%
Market cap: $64.15M
Volume 24h: $10.24M
Volatility (ann.): 196%

牛马 0.0%Share of the two combined market caps100.0% 牛来

Performance

牛马牛来

7 days-3.23%+4.93%牛来
30 days-30.71%-25.29%牛来

Correlation

0.27over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2490d: 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	牛马	牛来
Max drawdown (400d)	-60.5%	-60.2%
Risk-adjusted return (90d)	-0.20	-0.11

Relative strength over 90 days: 牛来 outperformed 牛马 by 2.2% — measured on the 牛马/牛来 ratio, so it holds regardless of market direction.

牛马 (Niu Ma) →牛来 (Niu Lai) →