Private Property vs Bordrless

Private Property (PRIVATE) and Bordrless (BORDR) compared side by side. Over the past 30 days, PRIVATE is ahead by 50.2 percentage points (PRIVATE -49.6% against BORDR -99.8%). Their daily returns move barely in opposite directions (correlation -0.14 across 36 shared trading days). BORDR has been the more volatile of the two, at 907% annualised against PRIVATE's 736%.

Correlation: -0.14
Ahead over 30 days: PRIVATE

Private PropertyPRIVATE

$3.670e-6

24h: —
Market cap: —
Volume 24h: $1
Volatility (ann.): 736%

BordrlessBORDR

$1.323e-5

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

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

Performance

PRIVATEBORDR

7 days-38.85%-35.56%BORDR
30 days-49.59%-99.81%PRIVATE

Correlation

-0.14over 36 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0690d: 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	PRIVATE	BORDR
Max drawdown (400d)	-80.5%	-99.8%
Risk-adjusted return (90d)	-0.05	-0.11

Relative strength over 90 days: PRIVATE outperformed BORDR by 2206.4% — measured on the PRIVATE/BORDR ratio, so it holds regardless of market direction.

Private Property →Bordrless →