ZERA vs Beldex

Beldex (BDX) is 3615.2× the size of ZERA (ZERA) by market capitalisation. Over the past 30 days, ZERA is ahead by 251.4 percentage points (ZERA +246.4% against BDX -5.0%). Their daily returns move barely together (correlation 0.35 across 27 shared trading days). ZERA has been the more volatile of the two, at 571% annualised against BDX's 64%.

Correlation: 0.35
Size ratio: 1 : 3615.2
Ahead over 30 days: ZERA

ZERAZERA

$0.000158

24h: +6.13%
Market cap: $157,925
Volume 24h: $444
Volatility (ann.): 571%

BeldexBDX

$0.072529

24h: -1.26%
Market cap: $570.92M
Volume 24h: $7.84M
Volatility (ann.): 64%

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

Performance

ZERABDX

7 days+3.36%-2.65%ZERA
30 days+246.43%-4.95%ZERA

Correlation

0.35over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3590d: 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	ZERA	BDX
Max drawdown (400d)	-67.4%	-20.8%
Risk-adjusted return (90d)	0.28	-0.15

Relative strength over 90 days: ZERA outperformed BDX by 183.2% — measured on the ZERA/BDX ratio, so it holds regardless of market direction.

ZERA →Beldex →