Ethereum (ETH) is 149541.8× the size of CaptainBNB (CAPTAINBNB) by market capitalisation. Their daily returns move closely in opposite directions (correlation -0.61 across 39 shared trading days). CAPTAINBNB has been the more volatile of the two, at 863% annualised against ETH's 62%.
CAPTAINBNBETH
-0.61over 39 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 | CAPTAINBNB | ETH |
|---|---|---|
| Max drawdown (400d) | -26.9% | -66.5% |
| Risk-adjusted return (90d) | 0.36 | 0.50 |
| Best 30 days (past year) | — | +34.1% |
| Worst 30 days (past year) | — | -44.6% |
Relative strength over 90 days: CAPTAINBNB outperformed ETH by 308.4% — measured on the CAPTAINBNB/ETH ratio, so it holds regardless of market direction.