千里马 (Chollima) vs 牛来 (Niu Lai)

牛来 (Niu Lai) (牛来) is 759.7× the size of 千里马 (Chollima) (QLM) by market capitalisation. Over the past 30 days, QLM is ahead by 16.4 percentage points (QLM +0.9% against 牛来 -15.5%). Their daily returns move barely in opposite directions (correlation -0.01 across 35 shared trading days). 牛来 has been the more volatile of the two, at 194% annualised against QLM's 168%.

Correlation: -0.01
Size ratio: 1 : 759.7
Ahead over 30 days: QLM

千里马 (Chollima)QLM

$0.000625

24h: +1.27%
Market cap: $76,191
Volume 24h: $684
Volatility (ann.): 168%

牛来 (Niu Lai)牛来

$0.056910

24h: -11.07%
Market cap: $57.88M
Volume 24h: $8.32M
Volatility (ann.): 194%

QLM 0.1%Share of the two combined market caps99.9% 牛来

Performance

QLM牛来

7 days-13.99%+11.18%牛来
30 days+0.94%-15.46%QLM

Correlation

-0.01over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0090d: 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	QLM	牛来
Max drawdown (400d)	-43.2%	-60.2%
Risk-adjusted return (90d)	0.01	-0.09

Relative strength over 90 days: QLM outperformed 牛来 by 56.5% — measured on the QLM/牛来 ratio, so it holds regardless of market direction.

千里马 (Chollima) →牛来 (Niu Lai) →