ORCIB vs BNB Attestation Service

BNB Attestation Service (BAS) is 38.3× the size of ORCIB (PALMO) by market capitalisation. Over the past 30 days, PALMO is ahead by 19.2 percentage points (PALMO -19.3% against BAS -38.5%). Their daily returns move closely together (correlation 0.64 across 31 shared trading days). Both have run at a similar volatility, around 96% annualised.

Correlation: 0.64
Size ratio: 1 : 38.3
Ahead over 30 days: PALMO

ORCIBPALMO

$0.000376

24h: -0.46%
Market cap: $997,919
Volume 24h: $55
Volatility (ann.): 100%

BNB Attestation ServiceBAS

$0.015270

24h: +3.44%
Market cap: $38.17M
Volume 24h: $1.02M
Volatility (ann.): 93%

PALMO 2.5%Share of the two combined market caps97.5% BAS

Performance

PALMOBAS

7 days-7.41%-9.52%PALMO
30 days-19.27%-38.50%PALMO

Correlation

0.64over 31 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	PALMO	BAS
Max drawdown (400d)	-36.0%	-47.0%
Risk-adjusted return (90d)	-0.09	-0.45

Relative strength over 90 days: PALMO outperformed BAS by 45.5% — measured on the PALMO/BAS ratio, so it holds regardless of market direction.

ORCIB →BNB Attestation Service →