Spacecoin vs Beldex

Beldex (BDX) is 26.1× the size of Spacecoin (SPACE) by market capitalisation. Over the past 30 days, BDX is ahead by 21.4 percentage points (SPACE -26.9% against BDX -5.5%). Their daily returns move barely in opposite directions (correlation -0.21 across 37 shared trading days). SPACE has been the more volatile of the two, at 105% annualised against BDX's 65%.

Correlation: -0.21
Size ratio: 1 : 26.1
Ahead over 30 days: BDX

SpacecoinSPACE

$0.003384

24h: +0.94%
Market cap: $22.05M
Volume 24h: $830,266
Volatility (ann.): 105%

BeldexBDX

$0.073199

24h: +0.17%
Market cap: $576.20M
Volume 24h: $9.43M
Volatility (ann.): 65%

SPACE 3.7%Share of the two combined market caps96.3% BDX

Performance

SPACEBDX

7 days-4.23%-2.71%BDX
30 days-26.92%-5.49%BDX

Correlation

-0.21over 37 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2290d: 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	SPACE	BDX
Max drawdown (400d)	-32.2%	-20.8%
Risk-adjusted return (90d)	-0.21	-0.15

Relative strength over 90 days: BDX outperformed SPACE by 10.5% — measured on the SPACE/BDX ratio, so it holds regardless of market direction.

Spacecoin →Beldex →