ARROWS vs Bitway

Bitway (BTW) is 122911.0× the size of ARROWS (ARROWS) by market capitalisation. Over the past 30 days, BTW is ahead by 130.1 percentage points (ARROWS -84.7% against BTW +45.5%). Their daily returns move loosely in opposite directions (correlation -0.56 across 22 shared trading days). BTW has been the more volatile of the two, at 362% annualised against ARROWS's 273%.

Correlation: -0.56
Size ratio: 1 : 122911.0
Ahead over 30 days: BTW

ARROWSARROWS

$1.402e-5

24h: —
Market cap: $12,674
Volume 24h: $165
Volatility (ann.): 273%

BitwayBTW

$1.0350

24h: +5.15%
Market cap: $1.56B
Volume 24h: $5.96M
Volatility (ann.): 362%

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

Performance

ARROWSBTW

7 days-1.55%-40.12%ARROWS
30 days-84.70%+45.45%BTW

Correlation

-0.56over 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	ARROWS	BTW
Max drawdown (400d)	-87.3%	-60.7%
Risk-adjusted return (90d)	-0.31	0.48

Relative strength over 90 days: BTW outperformed ARROWS by 10.6% — measured on the ARROWS/BTW ratio, so it holds regardless of market direction.

ARROWS →Bitway →