Baanx vs Cronos

Cronos (CRO) is 12409.7× the size of Baanx (BXX) by market capitalisation. Over the past 30 days, CRO is ahead by 11.1 percentage points (BXX -21.7% against CRO -10.6%). Their daily returns move barely in opposite directions (correlation -0.09 across 24 shared trading days). BXX has been the more volatile of the two, at 118% annualised against CRO's 86%.

Correlation: -0.09
Size ratio: 1 : 12409.7
Ahead over 30 days: CRO

BaanxBXX

$0.000852

24h: +8.04%
Market cap: $213,001
Volume 24h: $193
Volatility (ann.): 118%

CronosCRO

$0.052075

24h: +3.59%
Market cap: $2.64B
Volume 24h: $5.22M
Volatility (ann.): 86%

BXX 0.0%Share of the two combined market caps100.0% CRO

Performance

BXXCRO

7 days+17.82%-2.51%BXX
30 days-21.66%-10.55%CRO

Correlation

-0.09over 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	BXX	CRO
Max drawdown (400d)	-43.3%	-28.4%
Risk-adjusted return (90d)	-0.16	0.11

Relative strength over 90 days: CRO outperformed BXX by 5.1% — measured on the BXX/CRO ratio, so it holds regardless of market direction.

Baanx →Cronos →