Metadium vs BNB Attestation Service

BNB Attestation Service (BAS) is 3.0× the size of Metadium (META) by market capitalisation. Over the past 30 days, META is ahead by 54.6 percentage points (META +16.1% against BAS -38.5%). Their daily returns move barely together (correlation 0.13 across 25 shared trading days). META has been the more volatile of the two, at 294% annualised against BAS's 93%.

Correlation: 0.13
Size ratio: 1 : 3.0
Ahead over 30 days: META

MetadiumMETA

$0.007489

24h: -1.50%
Market cap: $13.09M
Volume 24h: $51,757
Volatility (ann.): 294%

BNB Attestation ServiceBAS

$0.015503

24h: +0.61%
Market cap: $38.76M
Volume 24h: $1.07M
Volatility (ann.): 93%

META 25.2%Share of the two combined market caps74.8% BAS

Performance

METABAS

7 days+0.40%-9.52%META
30 days+16.06%-38.50%META

Correlation

0.13over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1390d: 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	META	BAS
Max drawdown (400d)	-49.7%	-47.0%
Risk-adjusted return (90d)	0.05	-0.45

Relative strength over 90 days: META outperformed BAS by 19.6% — measured on the META/BAS ratio, so it holds regardless of market direction.

Metadium →BNB Attestation Service →