Bald vs Non-Playable Coin

Non-Playable Coin (NPC) is 10.5× the size of Bald (BALD) by market capitalisation. Over the past 30 days, BALD is ahead by 11.1 percentage points (BALD -11.4% against NPC -22.5%). Their daily returns move closely together (correlation 0.83 across 28 shared trading days). NPC has been the more volatile of the two, at 160% annualised against BALD's 66%.

Correlation: 0.83
Size ratio: 1 : 10.5
Ahead over 30 days: BALD

BaldBALD

$0.012399

24h: -0.13%
Market cap: $12.40M
Volume 24h: $27
Volatility (ann.): 66%

Non-Playable CoinNPC

$0.016177

24h: +4.47%
Market cap: $130.23M
Volume 24h: $2.44M
Volatility (ann.): 160%

BALD 8.7%Share of the two combined market caps91.3% NPC

Performance

BALDNPC

7 days-16.80%-9.20%NPC
30 days-11.42%-22.54%BALD

Correlation

0.83over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.8390d: 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	BALD	NPC
Max drawdown (400d)	-20.3%	-34.4%
Risk-adjusted return (90d)	-0.14	1.26

Relative strength over 90 days: BALD outperformed NPC by 1.7% — measured on the BALD/NPC ratio, so it holds regardless of market direction.

Bald →Non-Playable Coin →