Saturween (SATURWEEN) and Bordrless (BORDR) compared side by side. Over the past 30 days, SATURWEEN is ahead by 0.8 percentage points (SATURWEEN -98.7% against BORDR -99.5%). Their daily returns move barely together (correlation 0.21 across 29 shared trading days). SATURWEEN has been the more volatile of the two, at 2287% annualised against BORDR's 944%.
SATURWEENBORDR
0.21over 29 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 | SATURWEEN | BORDR |
|---|---|---|
| Max drawdown (400d) | -99.5% | -99.8% |
| Risk-adjusted return (90d) | -0.04 | -0.10 |
Relative strength over 90 days: BORDR outperformed SATURWEEN by 53.5% — measured on the SATURWEEN/BORDR ratio, so it holds regardless of market direction.