币安人生 (BinanceLife) (币安人生) is 23443.8× the size of 全网爆火表情包 (Viral Emoji Pack) (背手负鼠) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.16 across 36 shared trading days). 币安人生 has been the more volatile of the two, at 171% annualised against 背手负鼠's 78%.
$2.030e-5
背手负鼠币安人生
-0.16over 36 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 | 背手负鼠 | 币安人生 |
|---|---|---|
| Max drawdown (400d) | -31.3% | -84.5% |
| Risk-adjusted return (90d) | -0.31 | -0.08 |
Relative strength over 90 days: 币安人生 outperformed 背手负鼠 by 19.8% — measured on the 背手负鼠/币安人生 ratio, so it holds regardless of market direction.