The Everlasting Parachain (ELP) and BNB (BNB) compared side by side. Over the past 1 year, ELP is ahead by 222.0 percentage points (ELP +198.8% against BNB -23.1%). Their daily returns move barely in opposite directions (correlation -0.03 across 373 shared trading days). ELP has been the more volatile of the two, at 2370% annualised against BNB's 50%.
ELPBNB
-0.03over 373 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 | ELP | BNB |
|---|---|---|
| Max drawdown (400d) | -95.0% | -58.2% |
| Risk-adjusted return (90d) | 0.57 | 0.54 |
| Best 30 days (past year) | +2398.8% | +29.4% |
| Worst 30 days (past year) | -81.4% | -34.9% |
Relative strength over 90 days: ELP outperformed BNB by 2165.0% — measured on the ELP/BNB ratio, so it holds regardless of market direction.