BlockChip vs BCGame Coin

BCGame Coin (BC) is 388.6× the size of BlockChip (BCP) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.10 across 31 shared trading days). BCP has been the more volatile of the two, at 119% annualised against BC's 97%.

Correlation: -0.10
Size ratio: 1 : 388.6

BlockChipBCP

$0.000315

24h: +4.39%
Market cap: $315,060
Volume 24h: $35
Volatility (ann.): 119%

BCGame CoinBC

$0.038131

24h: +9.06%
Market cap: $122.43M
Volume 24h: $183,477
Volatility (ann.): 97%

BCP 0.3%Share of the two combined market caps99.7% BC

Performance

BCPBC

7 days-7.16%+1.58%BC
30 days-8.42%+4.50%BC
90 days-40.30%——

Correlation

-0.10over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1090d: 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	BCP	BC
Max drawdown (400d)	-72.2%	-18.0%
Risk-adjusted return (90d)	-0.47	0.25

Relative strength over 90 days: BC outperformed BCP by 39.7% — measured on the BCP/BC ratio, so it holds regardless of market direction.

BlockChip →BCGame Coin →