BNKK vs RENX: Correlation
Bonk, Inc. (BNKK) and RenX Enterprises Corp. (RENX) show a moderate relationship: their 3-year correlation of weekly returns is 0.40.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BNKK and RENX?
Across a 3-year window, the weekly returns of BNKK and RENX correlate at 0.40, moderate. The past 12 months show a weaker link (0.17) than the 3-year average (0.40). Stretching to 5 years gives n/a, with an annualized covariance of 16719.3 %².
RENX is one of the assets that tracks BNKK most closely: it ranks #1 out of the 10 assets we track against BNKK. Neither side won the trailing year by much: -91.0% against -91.0%. Risk is not evenly split, since RENX carries 2.5 times the volatility of the other side.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
BNKK vs RENX: side by side
| BNKK (Bonk, Inc.) | RENX (RenX Enterprises Corp.) | |
|---|---|---|
| 1-year return | -91.0% | -91.0% |
| 5-year return | -97.8% | n/a |
| Volatility (ann.) | 129.2% | 322.0% |
| Beta vs S&P 500 | 1.49 | 1.58 |
| Max drawdown (3Y) | -99.5% | -99.9% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BNKK | RENX |
|---|---|---|
| 2022 | -13.5% | – |
| 2023 | +355.8% | – |
| 2024 | -79.5% | -90.5% |
| 2025 | -89.8% | -92.5% |
| 2026 | -48.8% | -46.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BNKK and RENX good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.40 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between BNKK and RENX?
The BNKK/RENX correlation stands at 0.40 on a 3-year window (1 year: 0.17, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is RENX a good diversifier for BNKK?
Yes, to a useful degree: a correlation of 0.40 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.40 mean?
On the −1 to +1 scale, 0.40 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
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Related comparisons
Hubs: BNKK correlations · RENX correlations
