币安人生 (BinanceLife) (币安人生) is 44391.7× the size of 牛市 (牛屎) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.07 across 34 shared trading days). Both have run at a similar volatility, around 173% annualised.
牛屎币安人生
-0.07over 34 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 | 牛屎 | 币安人生 |
|---|---|---|
| Max drawdown (400d) | -33.5% | -84.5% |
| Risk-adjusted return (90d) | -0.14 | -0.07 |
Relative strength over 90 days: 币安人生 outperformed 牛屎 by 26.6% — measured on the 牛屎/币安人生 ratio, so it holds regardless of market direction.