無為 (Wu Wei) vs 牛来 (Niu Lai)

牛来 (Niu Lai) (牛来) is 5899.6× the size of 無為 (Wu Wei) (WUWEI) by market capitalisation. Over the past 30 days, 牛来 is ahead by 4.5 percentage points (WUWEI -19.9% against 牛来 -15.5%). Their daily returns move barely together (correlation 0.32 across 29 shared trading days). 牛来 has been the more volatile of the two, at 194% annualised against WUWEI's 39%.

Correlation: 0.32
Size ratio: 1 : 5899.6
Ahead over 30 days: 牛来

無為 (Wu Wei)WUWEI

$9.520e-6

24h: —
Market cap: $9,511
Volume 24h: $25
Volatility (ann.): 39%

牛来 (Niu Lai)牛来

$0.056440

24h: -15.33%
Market cap: $56.11M
Volume 24h: $9.33M
Volatility (ann.): 194%

WUWEI 0.0%Share of the two combined market caps100.0% 牛来

Performance

WUWEI牛来

7 days-7.83%+11.18%牛来
30 days-19.95%-15.46%牛来

Correlation

0.32over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3290d: 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	WUWEI	牛来
Max drawdown (400d)	-21.6%	-60.2%
Risk-adjusted return (90d)	-0.51	-0.09

Relative strength over 90 days: WUWEI outperformed 牛来 by 22.3% — measured on the WUWEI/牛来 ratio, so it holds regardless of market direction.

無為 (Wu Wei) →牛来 (Niu Lai) →