BankrCoin (BNKR) is 484.5× the size of Y8U (Y8U) by market capitalisation. Their daily returns move barely together (correlation 0.34 across 31 shared trading days). BNKR has been the more volatile of the two, at 178% annualised against Y8U's 150%.
Y8UBNKR
0.34over 31 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 | Y8U | BNKR |
|---|---|---|
| Max drawdown (400d) | -90.7% | -45.9% |
| Risk-adjusted return (90d) | -0.13 | 0.07 |
Relative strength over 90 days: BNKR outperformed Y8U by 38.5% — measured on the Y8U/BNKR ratio, so it holds regardless of market direction.