Reign of Terror (REIGN) and BNB (BNB) compared side by side. Over the past 1 year, REIGN is ahead by 21.2 percentage points (REIGN -8.5% against BNB -29.7%). Their daily returns move barely in opposite directions (correlation -0.16 across 364 shared trading days). REIGN has been the more volatile of the two, at 256% annualised against BNB's 51%.
REIGNBNB
-0.16over 364 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 | REIGN | BNB |
|---|---|---|
| Max drawdown (400d) | -97.3% | -58.2% |
| Risk-adjusted return (90d) | -0.24 | 0.45 |
| Best 30 days (past year) | — | +29.4% |
| Worst 30 days (past year) | — | -34.9% |
Relative strength over 90 days: BNB outperformed REIGN by 90.1% — measured on the REIGN/BNB ratio, so it holds regardless of market direction.