Aragon vs Beldex

Beldex (BDX) is 137.9× the size of Aragon (ANT) by market capitalisation. Over the past 30 days, ANT is ahead by 38.4 percentage points (ANT +32.9% against BDX -5.5%). Their daily returns move barely in opposite directions (correlation -0.04 across 24 shared trading days). ANT has been the more volatile of the two, at 1529% annualised against BDX's 65%.

Correlation: -0.04
Size ratio: 1 : 137.9
Ahead over 30 days: ANT

AragonANT

$0.095581

24h: -1.91%
Market cap: $4.13M
Volume 24h: $32
Volatility (ann.): 1529%

BeldexBDX

$0.072329

24h: +0.20%
Market cap: $569.35M
Volume 24h: $9.88M
Volatility (ann.): 65%

ANT 0.7%Share of the two combined market caps99.3% BDX

Performance

ANTBDX

7 days+55.05%-2.71%ANT
30 days+32.90%-5.49%ANT

Correlation

-0.04over 24 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	ANT	BDX
Max drawdown (400d)	-74.6%	-20.8%
Risk-adjusted return (90d)	0.00	-0.15

Relative strength over 90 days: ANT outperformed BDX by 15.6% — measured on the ANT/BDX ratio, so it holds regardless of market direction.

Aragon →Beldex →