Ethereum (ETH) is 4821.0× the size of Comedian (BAN) by market capitalisation. Their daily returns move barely together (correlation 0.24 across 31 shared trading days). Both have run at a similar volatility, around 63% annualised.
| Period | BAN | ETH | Ahead |
|---|---|---|---|
| 7 days | -1.92% | +4.23% | ETH |
| 30 days | -9.07% | +13.15% | ETH |
| 90 days | — | +54.23% | — |
| 1 year | — | -41.08% | — |
| Metric | BAN | ETH |
|---|---|---|
| Max drawdown (400d) | -17.5% | -67.5% |
| Risk-adjusted return (90d) | -0.15 | 0.97 |
| Best 30 days (past year) | — | +34.1% |
| Worst 30 days (past year) | — | -44.6% |
Relative strength over 90 days: ETH outperformed BAN by 21.6% — measured on the BAN/ETH ratio, so it holds regardless of market direction.
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.