UnityWallet Token vs Beldex

Beldex (BDX) is 8.7× the size of UnityWallet Token (UNT) by market capitalisation. Over the past 30 days, BDX is ahead by 12.9 percentage points (UNT -18.4% against BDX -5.5%). Their daily returns move barely in opposite directions (correlation -0.08 across 54 shared trading days). UNT has been the more volatile of the two, at 129% annualised against BDX's 65%.

Correlation: -0.08
Size ratio: 1 : 8.7
Ahead over 30 days: BDX

UnityWallet TokenUNT

$0.100499

24h: +4.63%
Market cap: $66.12M
Volume 24h: $1,837
Volatility (ann.): 129%

BeldexBDX

$0.073199

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

UNT 10.3%Share of the two combined market caps89.7% BDX

Performance

UNTBDX

7 days-9.04%-2.71%BDX
30 days-18.38%-5.49%BDX

Correlation

-0.08over 54 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1290d: 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	UNT	BDX
Max drawdown (400d)	-33.2%	-20.8%
Risk-adjusted return (90d)	0.50	-0.15

Relative strength over 90 days: UNT outperformed BDX by 87.2% — measured on the UNT/BDX ratio, so it holds regardless of market direction.

UnityWallet Token →Beldex →