POGAI (SOL) (POGAI) and 牛来 (Niu Lai) (牛来) compared side by side. Over the past 30 days, POGAI is ahead by 23.8 percentage points (POGAI -1.4% against 牛来 -25.3%). Their daily returns move barely in opposite directions (correlation -0.03 across 26 shared trading days). 牛来 has been the more volatile of the two, at 196% annualised against POGAI's 106%.
POGAI牛来
-0.03over 26 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 | POGAI | 牛来 |
|---|---|---|
| Max drawdown (400d) | -21.5% | -60.2% |
| Risk-adjusted return (90d) | -0.01 | -0.11 |
Relative strength over 90 days: POGAI outperformed 牛来 by 58.9% — measured on the POGAI/牛来 ratio, so it holds regardless of market direction.