BNSD Finance vs Bitway

Bitway (BTW) is 151342.6× the size of BNSD Finance (BNSD) by market capitalisation. Over the past 30 days, BTW is ahead by 85.6 percentage points (BNSD -17.1% against BTW +68.4%). Their daily returns move barely together (correlation 0.21 across 24 shared trading days). BTW has been the more volatile of the two, at 359% annualised against BNSD's 54%.

Correlation: 0.21
Size ratio: 1 : 151342.6
Ahead over 30 days: BTW

BNSD FinanceBNSD

$1.496e-5

24h: -8.40%
Market cap: $11,843
Volume 24h: $3
Volatility (ann.): 54%

BitwayBTW

$1.1900

24h: +6.99%
Market cap: $1.79B
Volume 24h: $6.81M
Volatility (ann.): 359%

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

Performance

BNSDBTW

7 days+2.79%-31.25%BNSD
30 days-17.13%+68.43%BTW

Correlation

0.21over 24 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	BNSD	BTW
Max drawdown (400d)	-23.4%	-60.7%
Risk-adjusted return (90d)	-0.31	0.54

Relative strength over 90 days: BNSD outperformed BTW by 68.1% — measured on the BNSD/BTW ratio, so it holds regardless of market direction.

BNSD Finance →Bitway →