BNB (BNB) is 6169.8× the size of Portal (PORTAL) by market capitalisation. Over the past 1 year, BNB is ahead by 35.3 percentage points (PORTAL -57.9% against BNB -22.6%). Their daily returns move barely together (correlation 0.26 across 399 shared trading days). PORTAL has been the more volatile of the two, at 217% annualised against BNB's 52%.
| Period | PORTAL | BNB | Ahead |
|---|---|---|---|
| 7 days | +6.47% | +4.73% | PORTAL |
| 30 days | +69.84% | +16.37% | PORTAL |
| 90 days | +31.65% | +30.43% | PORTAL |
| 1 year | -57.86% | -22.57% | BNB |
| Metric | PORTAL | BNB |
|---|---|---|
| Max drawdown (400d) | -85.8% | -58.2% |
| Risk-adjusted return (90d) | 0.19 | 0.88 |
| Best 30 days (past year) | +187.4% | +29.4% |
| Worst 30 days (past year) | -61.9% | -34.9% |
Relative strength over 90 days: PORTAL outperformed BNB by 0.9% — measured on the PORTAL/BNB ratio, so it holds regardless of market direction.
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.