BEST vs Beldex

Beldex (BDX) is 102.2× the size of BEST (BEST) by market capitalisation. Over the past 30 days, BEST is ahead by 23.7 percentage points (BEST +18.2% against BDX -5.5%). Their daily returns move loosely together (correlation 0.35 across 30 shared trading days). BEST has been the more volatile of the two, at 81% annualised against BDX's 65%.

Correlation: 0.35
Size ratio: 1 : 102.2
Ahead over 30 days: BEST

BESTBEST

$0.000653

24h: -0.81%
Market cap: $5.55M
Volume 24h: $1,520
Volatility (ann.): 81%

BeldexBDX

$0.072049

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

BEST 1.0%Share of the two combined market caps99.0% BDX

Performance

BESTBDX

7 days-3.76%-2.71%BDX
30 days+18.25%-5.49%BEST

Correlation

0.35over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3590d: 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	BEST	BDX
Max drawdown (400d)	-29.8%	-20.8%
Risk-adjusted return (90d)	-0.04	-0.15

Relative strength over 90 days: BEST outperformed BDX by 6.4% — measured on the BEST/BDX ratio, so it holds regardless of market direction.

BEST →Beldex →