雪球 (Snowball) vs 牛来 (Niu Lai)

牛来 (Niu Lai) (牛来) is 131.2× the size of 雪球 (Snowball) (雪球) by market capitalisation. Over the past 30 days, 牛来 is ahead by 37.4 percentage points (雪球 -62.7% against 牛来 -25.3%). Their daily returns move loosely together (correlation 0.52 across 30 shared trading days). Both have run at a similar volatility, around 202% annualised.

Correlation: 0.52
Size ratio: 1 : 131.2
Ahead over 30 days: 牛来

雪球 (Snowball)雪球

$0.002944

24h: +0.04%
Market cap: $488,947
Volume 24h: $95,876
Volatility (ann.): 208%

牛来 (Niu Lai)牛来

$0.064410

24h: +1.63%
Market cap: $64.15M
Volume 24h: $10.24M
Volatility (ann.): 196%

雪球 0.8%Share of the two combined market caps99.2% 牛来

Performance

雪球牛来

7 days-14.42%+4.93%牛来
30 days-62.66%-25.29%牛来

Correlation

0.52over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5290d: 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	雪球	牛来
Max drawdown (400d)	-70.6%	-60.2%
Risk-adjusted return (90d)	-0.23	-0.11

Relative strength over 90 days: 牛来 outperformed 雪球 by 50.0% — measured on the 雪球/牛来 ratio, so it holds regardless of market direction.

雪球 (Snowball) →牛来 (Niu Lai) →