币安人生 (BinanceLife) (币安人生) is 66598.2× the size of 堂哥 (Paternal Older Cousin) (堂哥) by market capitalisation. Their daily returns move barely together (correlation 0.09 across 23 shared trading days). 币安人生 has been the more volatile of the two, at 171% annualised against 堂哥's 47%.
堂哥币安人生
0.09over 23 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 | 堂哥 | 币安人生 |
|---|---|---|
| Max drawdown (400d) | -19.3% | -84.5% |
| Risk-adjusted return (90d) | -0.41 | -0.07 |
Relative strength over 90 days: 币安人生 outperformed 堂哥 by 23.9% — measured on the 堂哥/币安人生 ratio, so it holds regardless of market direction.