币安人生 (BinanceLife) (币安人生) is 6412.1× the size of 千里马 (Chollima) (QLM) by market capitalisation. Their daily returns move barely together (correlation 0.23 across 35 shared trading days). Both have run at a similar volatility, around 169% annualised.
QLM币安人生
0.23over 35 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 | QLM | 币安人生 |
|---|---|---|
| Max drawdown (400d) | -43.2% | -84.5% |
| Risk-adjusted return (90d) | 0.01 | -0.07 |
Relative strength over 90 days: 币安人生 outperformed QLM by 0.5% — measured on the QLM/币安人生 ratio, so it holds regardless of market direction.