Phenom (PHNM) and BCGame Coin (BC) compared side by side. Over the past 30 days, BC is ahead by 1.2 percentage points (PHNM -1.1% against BC +0.1%). Their daily returns move barely together (correlation 0.22 across 22 shared trading days). PHNM has been the more volatile of the two, at 113% annualised against BC's 98%.
PHNMBC
0.22over 22 shared trading days
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.
| Metric | PHNM | BC |
|---|---|---|
| Max drawdown (400d) | -22.0% | -18.0% |
| Risk-adjusted return (90d) | -0.02 | 0.21 |
Relative strength over 90 days: BC outperformed PHNM by 16.4% — measured on the PHNM/BC ratio, so it holds regardless of market direction.