MPP32 vs BankrCoin

BankrCoin (BNKR) is 256.6× the size of MPP32 (M32) by market capitalisation. Over the past 30 days, BNKR is ahead by 97.7 percentage points (M32 -74.5% against BNKR +23.2%). Their daily returns move closely together (correlation 0.64 across 36 shared trading days). M32 has been the more volatile of the two, at 366% annualised against BNKR's 178%.

Correlation: 0.64
Size ratio: 1 : 256.6
Ahead over 30 days: BNKR

MPP32M32

$0.000109

24h: +22.09%
Market cap: $109,298
Volume 24h: $1,731
Volatility (ann.): 366%

BankrCoinBNKR

$0.000281

24h: +5.83%
Market cap: $28.04M
Volume 24h: $1.54M
Volatility (ann.): 178%

M32 0.4%Share of the two combined market caps99.6% BNKR

Performance

M32BNKR

7 days+24.55%+0.21%M32
30 days-74.54%+23.21%BNKR

Correlation

0.64over 36 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6490d: 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	M32	BNKR
Max drawdown (400d)	-92.3%	-45.9%
Risk-adjusted return (90d)	-0.24	0.07

Relative strength over 90 days: BNKR outperformed M32 by 89.6% — measured on the M32/BNKR ratio, so it holds regardless of market direction.

MPP32 →BankrCoin →