Piece of Nasty Shit vs BNB
Piece of Nasty Shit (PONS) and BNB (BNB) compared side by side. Their daily returns move loosely together (correlation 0.37 across 32 shared trading days). PONS has been the more volatile of the two, at 359% annualised against BNB's 51%.
Performance
| Period | PONS | BNB | Ahead |
|---|---|---|---|
| 7 days | -26.73% | +0.82% | BNB |
| 30 days | +62.78% | +12.64% | PONS |
| 90 days | — | +39.21% | — |
| 1 year | — | -19.57% | — |
Risk & extremes
| Metric | PONS | BNB |
|---|---|---|
| Max drawdown (400d) | -43.1% | -58.2% |
| Risk-adjusted return (90d) | 0.96 | 1.13 |
| Best 30 days (past year) | — | +29.4% |
| Worst 30 days (past year) | — | -34.9% |
Relative strength over 90 days: PONS outperformed BNB by 349.8% — measured on the PONS/BNB ratio, so it holds regardless of market direction.
Correlation
0.37over 32 shared trading days
7d: insufficient data30d: 0.4590d: 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.