Filecoin (FIL) is 11876.2× the size of 深脑链 (深脑链) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.20 across 29 shared trading days). FIL has been the more volatile of the two, at 125% annualised against 深脑链's 38%.
深脑链FIL
-0.20over 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 | 深脑链 | FIL |
|---|---|---|
| Max drawdown (400d) | -12.4% | -81.4% |
| Risk-adjusted return (90d) | -0.31 | 0.23 |
| Best 30 days (past year) | — | +66.2% |
| Worst 30 days (past year) | — | -57.1% |
Relative strength over 90 days: 深脑链 outperformed FIL by 3.0% — measured on the 深脑链/FIL ratio, so it holds regardless of market direction.