Kingnet AI (KNET) and BNB (BNB) compared side by side. Their daily returns move barely in opposite directions (correlation -0.10 across 29 shared trading days). KNET has been the more volatile of the two, at 174% annualised against BNB's 51%.
KNETBNB
-0.10over 29 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 | KNET | BNB |
|---|---|---|
| Max drawdown (400d) | -50.8% | -58.2% |
| Risk-adjusted return (90d) | -0.21 | 0.45 |
| Best 30 days (past year) | — | +29.4% |
| Worst 30 days (past year) | — | -34.9% |
Relative strength over 90 days: BNB outperformed KNET by 30.3% — measured on the KNET/BNB ratio, so it holds regardless of market direction.