M2 vs BNB

M2 (M2) and BNB (BNB) compared side by side. Their daily returns move barely together (correlation 0.08 across 34 shared trading days). BNB has been the more volatile of the two, at 51% annualised against M2's 39%.

Correlation: 0.08

M2M2

$3.028e-5

24h: —
Market cap: —
Volume 24h: $112
Volatility (ann.): 39%

BNBBNB

$723.1900

24h: +2.96%
Market cap: $94.65B
Volume 24h: $1.14B
Volatility (ann.): 51%

M2 0.0%Share of the two combined market caps100.0% BNB

Performance

M2BNB

7 days-3.34%-6.28%M2
30 days-21.03%-12.23%BNB
90 days—+17.56%—
1 year—-29.73%—

Correlation

0.08over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0390d: 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	M2	BNB
Max drawdown (400d)	-21.5%	-58.2%
Risk-adjusted return (90d)	-0.52	0.45
Best 30 days (past year)	—	+29.4%
Worst 30 days (past year)	—	-34.9%

Relative strength over 90 days: BNB outperformed M2 by 12.1% — measured on the M2/BNB ratio, so it holds regardless of market direction.

M2 →BNB →