Adamant vs Bitcoin

Adamant (ADDY) and Bitcoin (BTC) compared side by side. Their daily returns move closely together (correlation 0.74 across 35 shared trading days). Both have run at a similar volatility, around 44% annualised.

Correlation: 0.74

AdamantADDY

$0.008422

24h: -0.14%
Market cap: —
Volume 24h: $148
Volatility (ann.): 44%

BitcoinBTC

$80,574.69

24h: +4.89%
Market cap: $1.62T
Volume 24h: $40.04B
Volatility (ann.): 44%

ADDY 0.0%Share of the two combined market caps100.0% BTC

Performance

ADDYBTC

7 days+1.85%-1.03%ADDY
30 days-11.89%-6.14%BTC
90 days—+25.15%—
1 year—-20.68%—

Correlation

0.74over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.7590d: 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	ADDY	BTC
Max drawdown (400d)	-18.1%	-53.0%
Risk-adjusted return (90d)	-0.25	0.63
Best 30 days (past year)	—	+26.8%
Worst 30 days (past year)	—	-32.9%

Relative strength over 90 days: BTC outperformed ADDY by 6.4% — measured on the ADDY/BTC ratio, so it holds regardless of market direction.

Adamant →Bitcoin →