Nominex vs WhiteBIT Coin

WhiteBIT Coin (WBT) is 17769.9× the size of Nominex (NMX) by market capitalisation. Over the past 30 days, NMX is ahead by 5.1 percentage points (NMX -1.7% against WBT -6.8%). Their daily returns move barely together (correlation 0.07 across 23 shared trading days). WBT has been the more volatile of the two, at 59% annualised against NMX's 4%.

Correlation: 0.07
Size ratio: 1 : 17769.9
Ahead over 30 days: NMX

NominexNMX

$0.002320

24h: -0.05%
Market cap: $520,095
Volume 24h: $108
Volatility (ann.): 4%

WhiteBIT CoinWBT

$77.8700

24h: +4.74%
Market cap: $9.24B
Volume 24h: $166.84M
Volatility (ann.): 59%

NMX 0.0%Share of the two combined market caps100.0% WBT

Performance

NMXWBT

7 days-0.60%-3.75%NMX
30 days-1.69%-6.78%NMX

Correlation

0.07over 23 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	NMX	WBT
Max drawdown (400d)	-2.1%	-12.4%
Risk-adjusted return (90d)	-0.55	0.62

Relative strength over 90 days: NMX outperformed WBT by 5.9% — measured on the NMX/WBT ratio, so it holds regardless of market direction.

Nominex →WhiteBIT Coin →