BTSE Token vs LEO Token

LEO Token (LEO) is 47.6× the size of BTSE Token (BTSE) by market capitalisation. Over the past 30 days, BTSE is ahead by 10.7 percentage points (BTSE +12.8% against LEO +2.1%). Their daily returns move barely in opposite directions (correlation -0.18 across 56 shared trading days). BTSE has been the more volatile of the two, at 68% annualised against LEO's 21%.

Correlation: -0.18
Size ratio: 1 : 47.6
Ahead over 30 days: BTSE

BTSE TokenBTSE

$1.1100

24h: +0.37%
Market cap: $180.00M
Volume 24h: $181,651
Volatility (ann.): 68%

LEO TokenLEO

$9.3200

24h: +0.49%
Market cap: $8.57B
Volume 24h: $98,959
Volatility (ann.): 21%

BTSE 2.1%Share of the two combined market caps97.9% LEO

Performance

BTSELEO

7 days+0.46%+2.76%LEO
30 days+12.81%+2.09%BTSE

Correlation

-0.18over 56 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0590d: 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	BTSE	LEO
Max drawdown (400d)	-27.5%	-8.8%
Risk-adjusted return (90d)	0.22	-0.02

Relative strength over 90 days: BTSE outperformed LEO by 16.4% — measured on the BTSE/LEO ratio, so it holds regardless of market direction.

BTSE Token →LEO Token →