Altura Vault Tokens vs Bitway

Bitway (BTW) is 14284.0× the size of Altura Vault Tokens (AVLT) by market capitalisation. Over the past 30 days, BTW is ahead by 150.9 percentage points (AVLT -77.5% against BTW +73.4%). Their daily returns move loosely in opposite directions (correlation -0.38 across 22 shared trading days). BTW has been the more volatile of the two, at 365% annualised against AVLT's 317%.

Correlation: -0.38
Size ratio: 1 : 14284.0
Ahead over 30 days: BTW

Altura Vault TokensAVLT

$0.003757

24h: —
Market cap: $111,331
Volume 24h: —
Volatility (ann.): 317%

BitwayBTW

$1.0550

24h: +1.72%
Market cap: $1.59B
Volume 24h: $6.45M
Volatility (ann.): 365%

AVLT 0.0%Share of the two combined market caps100.0% BTW

Performance

AVLTBTW

7 days-65.06%-44.93%BTW
30 days-77.54%+73.36%BTW

Correlation

-0.38over 22 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	AVLT	BTW
Max drawdown (400d)	-79.3%	-60.7%
Risk-adjusted return (90d)	-0.24	0.43

Relative strength over 90 days: BTW outperformed AVLT by 91.2% — measured on the AVLT/BTW ratio, so it holds regardless of market direction.

Altura Vault Tokens →Bitway →