NPRO vs Beldex

Beldex (BDX) is 969.0× the size of NPRO (NPRO) by market capitalisation. Over the past 30 days, BDX is ahead by 11.4 percentage points (NPRO -16.9% against BDX -5.5%). Their daily returns move barely together (correlation 0.32 across 28 shared trading days). NPRO has been the more volatile of the two, at 154% annualised against BDX's 65%.

Correlation: 0.32
Size ratio: 1 : 969.0
Ahead over 30 days: BDX

NPRONPRO

$0.262570

24h: +3.53%
Market cap: $585,200
Volume 24h: $11,200
Volatility (ann.): 154%

BeldexBDX

$0.072049

24h: -0.71%
Market cap: $567.05M
Volume 24h: $9.57M
Volatility (ann.): 65%

NPRO 0.1%Share of the two combined market caps99.9% BDX

Performance

NPROBDX

7 days-19.04%-2.71%BDX
30 days-16.93%-5.49%BDX

Correlation

0.32over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3290d: 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	NPRO	BDX
Max drawdown (400d)	-46.8%	-20.8%
Risk-adjusted return (90d)	-0.07	-0.15

Relative strength over 90 days: BDX outperformed NPRO by 1.4% — measured on the NPRO/BDX ratio, so it holds regardless of market direction.

NPRO →Beldex →