NIX vs BNB

NIX (NIX) and BNB (BNB) compared side by side. Their daily returns move barely together (correlation 0.22 across 31 shared trading days). Both have run at a similar volatility, around 48% annualised.

Correlation: 0.22

NIXNIX

$8.854e-5

24h: -0.38%
Market cap: —
Volume 24h: $2
Volatility (ann.): 45%

BNBBNB

$718.0000

24h: +3.14%
Market cap: $94.47B
Volume 24h: $1.12B
Volatility (ann.): 51%

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

Performance

NIXBNB

7 days-7.62%-6.28%BNB
30 days-19.13%-12.23%BNB
90 days—+17.56%—
1 year—-29.73%—

Correlation

0.22over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2290d: 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	NIX	BNB
Max drawdown (400d)	-21.2%	-58.2%
Risk-adjusted return (90d)	-0.42	0.45
Best 30 days (past year)	—	+29.4%
Worst 30 days (past year)	—	-34.9%

Relative strength over 90 days: BNB outperformed NIX by 10.6% — measured on the NIX/BNB ratio, so it holds regardless of market direction.

NIX →BNB →