WiFi Map vs Beldex

Beldex (BDX) is 1648.7× the size of WiFi Map (WIFI) by market capitalisation. Over the past 30 days, BDX is ahead by 37.7 percentage points (WIFI -42.7% against BDX -5.0%). Their daily returns move barely in opposite directions (correlation -0.29 across 24 shared trading days). WIFI has been the more volatile of the two, at 208% annualised against BDX's 64%.

Correlation: -0.29
Size ratio: 1 : 1648.7
Ahead over 30 days: BDX

WiFi MapWIFI

$0.000432

24h: +6.96%
Market cap: $345,999
Volume 24h: $39
Volatility (ann.): 208%

BeldexBDX

$0.072469

24h: +0.56%
Market cap: $570.45M
Volume 24h: $9.29M
Volatility (ann.): 64%

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

Performance

WIFIBDX

7 days+4.39%-2.65%WIFI
30 days-42.66%-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	WIFI	BDX
Max drawdown (400d)	-49.7%	-20.8%
Risk-adjusted return (90d)	-0.02	-0.15

Relative strength over 90 days: BDX outperformed WIFI by 18.4% — measured on the WIFI/BDX ratio, so it holds regardless of market direction.

WiFi Map →Beldex →