The Pygmy Hippo (MAPLE) and Bordrless (BORDR) compared side by side. Over the past 30 days, MAPLE is ahead by 104.7 percentage points (MAPLE +6.0% against BORDR -98.7%). Their daily returns move barely together (correlation 0.07 across 34 shared trading days). BORDR has been the more volatile of the two, at 959% annualised against MAPLE's 444%.
MAPLEBORDR
0.07over 34 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 | MAPLE | BORDR |
|---|---|---|
| Max drawdown (400d) | -66.8% | -99.8% |
| Risk-adjusted return (90d) | 0.00 | -0.10 |
Relative strength over 90 days: MAPLE outperformed BORDR by 3162.9% — measured on the MAPLE/BORDR ratio, so it holds regardless of market direction.