strkBTC vs Beldex

Beldex (BDX) is 77.4× the size of strkBTC (STRKBTC) by market capitalisation. Over the past 30 days, STRKBTC is ahead by 5.0 percentage points (STRKBTC -0.4% against BDX -5.5%). Their daily returns move barely together (correlation 0.34 across 32 shared trading days). BDX has been the more volatile of the two, at 65% annualised against STRKBTC's 40%.

Correlation: 0.34
Size ratio: 1 : 77.4
Ahead over 30 days: STRKBTC

strkBTCSTRKBTC

$76,866

24h: -0.06%
Market cap: $7.43M
Volume 24h: $1.61M
Volatility (ann.): 40%

BeldexBDX

$0.073032

24h: -0.00%
Market cap: $574.97M
Volume 24h: $10.34M
Volatility (ann.): 65%

STRKBTC 1.3%Share of the two combined market caps98.7% BDX

Performance

STRKBTCBDX

7 days-3.32%-2.71%BDX
30 days-0.45%-5.49%STRKBTC

Correlation

0.34over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3490d: 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	STRKBTC	BDX
Max drawdown (400d)	-10.9%	-20.8%
Risk-adjusted return (90d)	0.00	-0.15

Relative strength over 90 days: STRKBTC outperformed BDX by 9.8% — measured on the STRKBTC/BDX ratio, so it holds regardless of market direction.

strkBTC →Beldex →