Payr vs Bordrless

Payr (PAYR) and Bordrless (BORDR) compared side by side. Over the past 30 days, PAYR is ahead by 87.3 percentage points (PAYR -12.5% against BORDR -99.8%). Their daily returns move barely together (correlation 0.17 across 21 shared trading days). BORDR has been the more volatile of the two, at 907% annualised against PAYR's 300%.

Correlation: 0.17
Ahead over 30 days: PAYR

PayrPAYR

$3.124e-6

24h: —
Market cap: —
Volume 24h: $1
Volatility (ann.): 300%

BordrlessBORDR

$1.323e-5

24h: -10.45%
Market cap: $13,231
Volume 24h: $950,857
Volatility (ann.): 907%

PAYR 0.0%Share of the two combined market caps100.0% BORDR

Performance

PAYRBORDR

7 days-18.85%-35.56%PAYR
30 days-12.47%-99.81%PAYR

Correlation

0.17over 21 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	PAYR	BORDR
Max drawdown (400d)	-47.6%	-99.8%
Risk-adjusted return (90d)	-0.04	-0.11

Relative strength over 90 days: PAYR outperformed BORDR by 2023.5% — measured on the PAYR/BORDR ratio, so it holds regardless of market direction.

Payr →Bordrless →