Helium Mobile vs Beldex

Beldex (BDX) is 142.9× the size of Helium Mobile (MOBILE) by market capitalisation. Over the past 30 days, BDX is ahead by 49.3 percentage points (MOBILE -54.8% against BDX -5.5%). Their daily returns move barely together (correlation 0.17 across 27 shared trading days). MOBILE has been the more volatile of the two, at 439% annualised against BDX's 65%.

Correlation: 0.17
Size ratio: 1 : 142.9
Ahead over 30 days: BDX

Helium MobileMOBILE

$4.490e-5

24h: -5.85%
Market cap: $4.01M
Volume 24h: $1,902
Volatility (ann.): 439%

BeldexBDX

$0.072755

24h: +0.54%
Market cap: $572.71M
Volume 24h: $10.05M
Volatility (ann.): 65%

MOBILE 0.7%Share of the two combined market caps99.3% BDX

Performance

MOBILEBDX

7 days-36.91%-2.71%BDX
30 days-54.78%-5.49%BDX

Correlation

0.17over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1790d: 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	MOBILE	BDX
Max drawdown (400d)	-76.3%	-20.8%
Risk-adjusted return (90d)	-0.11	-0.15

Relative strength over 90 days: BDX outperformed MOBILE by 45.1% — measured on the MOBILE/BDX ratio, so it holds regardless of market direction.

Helium Mobile →Beldex →