DucatusX vs Beldex

Beldex (BDX) is 528.9× the size of DucatusX (DUCX) by market capitalisation. Over the past 30 days, BDX is ahead by 15.0 percentage points (DUCX -20.5% against BDX -5.5%). Their daily returns move closely in opposite directions (correlation -0.73 across 20 shared trading days). BDX has been the more volatile of the two, at 65% annualised against DUCX's 26%.

Correlation: -0.73
Size ratio: 1 : 528.9
Ahead over 30 days: BDX

DucatusXDUCX

$0.003893

24h: -0.43%
Market cap: $1.08M
Volume 24h: $29,860
Volatility (ann.): 26%

BeldexBDX

$0.072754

24h: +0.35%
Market cap: $572.70M
Volume 24h: $10.26M
Volatility (ann.): 65%

DUCX 0.2%Share of the two combined market caps99.8% BDX

Performance

DUCXBDX

7 days-5.83%-2.71%BDX
30 days-20.52%-5.49%BDX

Correlation

-0.73over 20 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	DUCX	BDX
Max drawdown (400d)	-20.8%	-20.8%
Risk-adjusted return (90d)	-0.79	-0.15

Relative strength over 90 days: BDX outperformed DUCX by 16.2% — measured on the DUCX/BDX ratio, so it holds regardless of market direction.

DucatusX →Beldex →