AR.IO Network vs Beldex

Beldex (BDX) is 586.3× the size of AR.IO Network (ARIO) by market capitalisation. Over the past 30 days, ARIO is ahead by 30.2 percentage points (ARIO +24.7% against BDX -5.5%). Their daily returns move barely together (correlation 0.34 across 28 shared trading days). ARIO has been the more volatile of the two, at 151% annualised against BDX's 65%.

Correlation: 0.34
Size ratio: 1 : 586.3
Ahead over 30 days: ARIO

AR.IO NetworkARIO

$0.001358

24h: -0.53%
Market cap: $967,155
Volume 24h: $179
Volatility (ann.): 151%

BeldexBDX

$0.072049

24h: -0.71%
Market cap: $567.05M
Volume 24h: $9.57M
Volatility (ann.): 65%

ARIO 0.2%Share of the two combined market caps99.8% BDX

Performance

ARIOBDX

7 days+8.29%-2.71%ARIO
30 days+24.73%-5.49%ARIO

Correlation

0.34over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3490d: 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	ARIO	BDX
Max drawdown (400d)	-25.1%	-20.8%
Risk-adjusted return (90d)	0.08	-0.15

Relative strength over 90 days: ARIO outperformed BDX by 22.9% — measured on the ARIO/BDX ratio, so it holds regardless of market direction.

AR.IO Network →Beldex →