BankrCoin (BNKR) is 161.0× the size of 0xMonk by Virtuals (MONK) by market capitalisation. Their daily returns move closely together (correlation 0.76 across 29 shared trading days). BNKR has been the more volatile of the two, at 178% annualised against MONK's 105%.
MONKBNKR
0.76over 29 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 | MONK | BNKR |
|---|---|---|
| Max drawdown (400d) | -47.4% | -45.9% |
| Risk-adjusted return (90d) | -0.21 | 0.07 |
Relative strength over 90 days: BNKR outperformed MONK by 30.0% — measured on the MONK/BNKR ratio, so it holds regardless of market direction.