Strategic American Protocol vs Bordrless

Strategic American Protocol (SARP) and Bordrless (BORDR) compared side by side. Over the past 30 days, SARP is ahead by 3.7 percentage points (SARP -96.1% against BORDR -99.7%). Their daily returns move loosely together (correlation 0.50 across 35 shared trading days). SARP has been the more volatile of the two, at 24401% annualised against BORDR's 919%.

Correlation: 0.50
Ahead over 30 days: SARP

Strategic American ProtocolSARP

$2.726e-5

24h: -3.87%
Market cap: —
Volume 24h: $87
Volatility (ann.): 24401%

BordrlessBORDR

$2.055e-5

24h: +23.32%
Market cap: $20,548
Volume 24h: $1.10M
Volatility (ann.): 919%

SARP 0.0%Share of the two combined market caps100.0% BORDR

Performance

SARPBORDR

7 days-82.73%-35.15%BORDR
30 days-96.07%-99.72%SARP

Correlation

0.50over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0890d: 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	SARP	BORDR
Max drawdown (400d)	-99.8%	-99.8%
Risk-adjusted return (90d)	0.00	-0.11

Relative strength over 90 days: BORDR outperformed SARP by 81.2% — measured on the SARP/BORDR ratio, so it holds regardless of market direction.

Strategic American Protocol →Bordrless →