Mysterium vs Beldex

Beldex (BDX) is 171.4× the size of Mysterium (MYST) by market capitalisation. Over the past 30 days, MYST is ahead by 1.3 percentage points (MYST -4.2% against BDX -5.5%). Their daily returns move barely in opposite directions (correlation -0.04 across 27 shared trading days). BDX has been the more volatile of the two, at 65% annualised against MYST's 43%.

Correlation: -0.04
Size ratio: 1 : 171.4
Ahead over 30 days: MYST

MysteriumMYST

$0.102064

24h: +2.90%
Market cap: $3.31M
Volume 24h: $23,576
Volatility (ann.): 43%

BeldexBDX

$0.072083

24h: -0.56%
Market cap: $567.41M
Volume 24h: $9.38M
Volatility (ann.): 65%

MYST 0.6%Share of the two combined market caps99.4% BDX

Performance

MYSTBDX

7 days+2.00%-2.71%MYST
30 days-4.23%-5.49%MYST

Correlation

-0.04over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0490d: 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	MYST	BDX
Max drawdown (400d)	-14.9%	-20.8%
Risk-adjusted return (90d)	-0.12	-0.15

Relative strength over 90 days: MYST outperformed BDX by 4.3% — measured on the MYST/BDX ratio, so it holds regardless of market direction.

Mysterium →Beldex →