ThreeFold vs Beldex

ThreeFold (TFT) and Beldex (BDX) compared side by side. Over the past 30 days, BDX is ahead by 36.7 percentage points (TFT -41.7% against BDX -5.0%). Their daily returns move barely in opposite directions (correlation -0.29 across 24 shared trading days). Both have run at a similar volatility, around 65% annualised.

Correlation: -0.29
Ahead over 30 days: BDX

ThreeFoldTFT

$0.003568

24h: -0.27%
Market cap: —
Volume 24h: $335
Volatility (ann.): 66%

BeldexBDX

$0.072200

24h: +0.25%
Market cap: $568.33M
Volume 24h: $9.72M
Volatility (ann.): 64%

TFT 0.0%Share of the two combined market caps100.0% BDX

Performance

TFTBDX

7 days-2.11%-2.65%TFT
30 days-41.67%-4.95%BDX

Correlation

-0.29over 24 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	TFT	BDX
Max drawdown (400d)	-44.1%	-20.8%
Risk-adjusted return (90d)	-0.66	-0.15

Relative strength over 90 days: BDX outperformed TFT by 24.5% — measured on the TFT/BDX ratio, so it holds regardless of market direction.

ThreeFold →Beldex →