TOBEY MAGZ vs Bordrless

TOBEY MAGZ (TOBEY) and Bordrless (BORDR) compared side by side. Over the past 30 days, TOBEY is ahead by 60.3 percentage points (TOBEY -39.4% against BORDR -99.7%). Their daily returns move barely together (correlation 0.23 across 20 shared trading days). BORDR has been the more volatile of the two, at 919% annualised against TOBEY's 64%.

Correlation: 0.23
Ahead over 30 days: TOBEY

TOBEY MAGZTOBEY

$2.337e-6

24h: +1.70%
Market cap: —
Volume 24h: $12
Volatility (ann.): 64%

BordrlessBORDR

$2.055e-5

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

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

Performance

TOBEYBORDR

7 days-13.27%-35.15%TOBEY
30 days-39.39%-99.72%TOBEY

Correlation

0.23over 20 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	TOBEY	BORDR
Max drawdown (400d)	-39.4%	-99.8%
Risk-adjusted return (90d)	-0.61	-0.11

Relative strength over 90 days: TOBEY outperformed BORDR by 3332.8% — measured on the TOBEY/BORDR ratio, so it holds regardless of market direction.

TOBEY MAGZ →Bordrless →