道德經 (Tao Te Ching) vs 牛来 (Niu Lai)

牛来 (Niu Lai) (牛来) is 1960.5× the size of 道德經 (Tao Te Ching) (道德經) by market capitalisation. Over the past 30 days, 牛来 is ahead by 7.5 percentage points (道德經 -40.0% against 牛来 -32.4%). Their daily returns move loosely together (correlation 0.37 across 33 shared trading days). 牛来 has been the more volatile of the two, at 198% annualised against 道德經's 100%.

Correlation: 0.37
Size ratio: 1 : 1960.5
Ahead over 30 days: 牛来

道德經 (Tao Te Ching)道德經

$0.000271

24h: +0.97%
Market cap: $27,105
Volume 24h: $136
Volatility (ann.): 100%

牛来 (Niu Lai)牛来

$0.053560

24h: -16.85%
Market cap: $53.14M
Volume 24h: $11.60M
Volatility (ann.): 198%

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

Performance

道德經牛来

7 days-10.37%-2.04%牛来
30 days-39.97%-32.44%牛来

Correlation

0.37over 33 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3390d: 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	道德經	牛来
Max drawdown (400d)	-46.7%	-60.4%
Risk-adjusted return (90d)	-0.47	-0.16

Relative strength over 90 days: 牛来 outperformed 道德經 by 1.0% — measured on the 道德經/牛来 ratio, so it holds regardless of market direction.

道德經 (Tao Te Ching) →牛来 (Niu Lai) →