KOGE vs Bitway

Bitway (BTW) is 8.1× the size of KOGE (KOGE) by market capitalisation. Over the past 30 days, BTW is ahead by 87.1 percentage points (KOGE -13.7% against BTW +73.4%). Their daily returns move barely in opposite directions (correlation -0.19 across 56 shared trading days). BTW has been the more volatile of the two, at 365% annualised against KOGE's 45%.

Correlation: -0.19
Size ratio: 1 : 8.1
Ahead over 30 days: BTW

KOGEKOGE

$59.8400

24h: -0.08%
Market cap: $202.25M
Volume 24h: $15,780
Volatility (ann.): 45%

BitwayBTW

$1.0850

24h: +21.20%
Market cap: $1.63B
Volume 24h: $7.09M
Volatility (ann.): 365%

KOGE 11.0%Share of the two combined market caps89.0% BTW

Performance

KOGEBTW

7 days-5.56%-44.93%KOGE
30 days-13.74%+73.36%BTW

Correlation

-0.19over 56 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.3390d: 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	KOGE	BTW
Max drawdown (400d)	-14.1%	-60.7%
Risk-adjusted return (90d)	0.28	0.43

Relative strength over 90 days: BTW outperformed KOGE by 58.5% — measured on the KOGE/BTW ratio, so it holds regardless of market direction.

KOGE →Bitway →