Streamr vs Beldex

Beldex (BDX) is 796.1× the size of Streamr (DATA) by market capitalisation. Over the past 30 days, DATA is ahead by 102.9 percentage points (DATA +98.0% against BDX -5.0%). Their daily returns move barely in opposite directions (correlation -0.17 across 27 shared trading days). DATA has been the more volatile of the two, at 148% annualised against BDX's 64%.

Correlation: -0.17
Size ratio: 1 : 796.1
Ahead over 30 days: DATA

StreamrDATA

$0.000536

24h: +0.97%
Market cap: $720,624
Volume 24h: $1,060
Volatility (ann.): 148%

BeldexBDX

$0.072881

24h: -0.83%
Market cap: $573.69M
Volume 24h: $9.11M
Volatility (ann.): 64%

DATA 0.1%Share of the two combined market caps99.9% BDX

Performance

DATABDX

7 days+24.13%-2.65%DATA
30 days+97.98%-4.95%DATA

Correlation

-0.17over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1790d: 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	DATA	BDX
Max drawdown (400d)	-16.2%	-20.8%
Risk-adjusted return (90d)	0.98	-0.15

Relative strength over 90 days: DATA outperformed BDX by 168.4% — measured on the DATA/BDX ratio, so it holds regardless of market direction.

Streamr →Beldex →