Bytecoin (BCN) and Monero (XMR) compared side by side. Over the past 30 days, XMR is ahead by 20.3 percentage points (BCN -1.9% against XMR +18.4%). Their daily returns move barely together (correlation 0.05 across 23 shared trading days). BCN has been the more volatile of the two, at 666% annualised against XMR's 36%.
BCNXMR
0.05over 23 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 | BCN | XMR |
|---|---|---|
| Max drawdown (400d) | -53.3% | -7.3% |
| Risk-adjusted return (90d) | 0.00 | 0.41 |
Relative strength over 90 days: XMR outperformed BCN by 9.1% — measured on the BCN/XMR ratio, so it holds regardless of market direction.