aelf vs Beldex

Beldex (BDX) is 10.7× the size of aelf (ELF) by market capitalisation. Over the past 30 days, BDX is ahead by 21.8 percentage points (ELF -27.2% against BDX -5.5%). Their daily returns move barely in opposite directions (correlation -0.22 across 27 shared trading days). ELF has been the more volatile of the two, at 99% annualised against BDX's 65%.

Correlation: -0.22
Size ratio: 1 : 10.7
Ahead over 30 days: BDX

aelfELF

$0.227200

24h: +16.16%
Market cap: $53.43M
Volume 24h: $249,716
Volatility (ann.): 99%

BeldexBDX

$0.072754

24h: +0.35%
Market cap: $572.70M
Volume 24h: $10.26M
Volatility (ann.): 65%

ELF 8.5%Share of the two combined market caps91.5% BDX

Performance

ELFBDX

7 days-5.94%-2.71%BDX
30 days-27.24%-5.49%BDX

Correlation

-0.22over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2290d: 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	ELF	BDX
Max drawdown (400d)	-32.5%	-20.8%
Risk-adjusted return (90d)	-0.28	-0.15

Relative strength over 90 days: BDX outperformed ELF by 21.9% — measured on the ELF/BDX ratio, so it holds regardless of market direction.

aelf →Beldex →