APYSwap vs Bitway

Bitway (BTW) is 14964.9× the size of APYSwap (APYS) by market capitalisation. Over the past 30 days, BTW is ahead by 28.4 percentage points (APYS +17.0% against BTW +45.5%). Their daily returns move very closely together (correlation 0.85 across 21 shared trading days). BTW has been the more volatile of the two, at 362% annualised against APYS's 84%.

Correlation: 0.85
Size ratio: 1 : 14964.9
Ahead over 30 days: BTW

APYSwapAPYS

$0.002767

24h: +3.33%
Market cap: $110,368
Volume 24h: $473
Volatility (ann.): 84%

BitwayBTW

$1.0970

24h: +3.29%
Market cap: $1.65B
Volume 24h: $4.73M
Volatility (ann.): 362%

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

Performance

APYSBTW

7 days-19.55%-40.12%APYS
30 days+17.02%+45.45%BTW

Correlation

0.85over 21 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	APYS	BTW
Max drawdown (400d)	-20.4%	-60.7%
Risk-adjusted return (90d)	0.34	0.48

Relative strength over 90 days: BTW outperformed APYS by 37.8% — measured on the APYS/BTW ratio, so it holds regardless of market direction.

APYSwap →Bitway →