POWSCHE vs BULLA

BULLA (BULLA) is 420.3× the size of POWSCHE (POWSCHE) by market capitalisation. Over the past 30 days, BULLA is ahead by 3.8 percentage points (POWSCHE -11.3% against BULLA -7.5%). Their daily returns move loosely together (correlation 0.51 across 22 shared trading days). BULLA has been the more volatile of the two, at 623% annualised against POWSCHE's 67%.

Correlation: 0.51
Size ratio: 1 : 420.3
Ahead over 30 days: BULLA

POWSCHEPOWSCHE

$0.000651

24h: +1.37%
Market cap: $65,068
Volume 24h: $19
Volatility (ann.): 67%

BULLABULLA

$0.068734

24h: -1.84%
Market cap: $27.35M
Volume 24h: $2.06M
Volatility (ann.): 623%

POWSCHE 0.2%Share of the two combined market caps99.8% BULLA

Performance

POWSCHEBULLA

7 days-17.11%-0.63%BULLA
30 days-11.31%-7.54%BULLA

Correlation

0.51over 22 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	POWSCHE	BULLA
Max drawdown (400d)	-17.1%	-54.3%
Risk-adjusted return (90d)	-0.22	0.47

Relative strength over 90 days: BULLA outperformed POWSCHE by 9.9% — measured on the POWSCHE/BULLA ratio, so it holds regardless of market direction.

POWSCHE →BULLA →