BNB (BNB) is 3927316.7× the size of NBX (BYN) by market capitalisation. Over the past 1 year, BNB is ahead by 35.5 percentage points (BYN -63.6% against BNB -28.1%). Their daily returns move barely in opposite directions (correlation -0.06 across 369 shared trading days). BYN has been the more volatile of the two, at 289% annualised against BNB's 50%.
BYNBNB
-0.06over 369 shared trading days
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.
| Metric | BYN | BNB |
|---|---|---|
| Max drawdown (400d) | -91.5% | -58.2% |
| Risk-adjusted return (90d) | -0.21 | 0.40 |
| Best 30 days (past year) | +293.7% | +29.4% |
| Worst 30 days (past year) | -79.3% | -34.9% |
Relative strength over 90 days: BNB outperformed BYN by 91.3% — measured on the BYN/BNB ratio, so it holds regardless of market direction.