Bucket Shop vs Bitway

Bitway (BTW) is 1314.8× the size of Bucket Shop (BUCKET) by market capitalisation. Over the past 30 days, BTW is ahead by 131.0 percentage points (BUCKET -57.6% against BTW +73.4%). Their daily returns move barely in opposite directions (correlation -0.04 across 30 shared trading days). BUCKET has been the more volatile of the two, at 632% annualised against BTW's 365%.

Correlation: -0.04
Size ratio: 1 : 1314.8
Ahead over 30 days: BTW

Bucket ShopBUCKET

$0.001263

24h: -3.49%
Market cap: $1.24M
Volume 24h: $20,507
Volatility (ann.): 632%

BitwayBTW

$1.0780

24h: +12.06%
Market cap: $1.62B
Volume 24h: $5.80M
Volatility (ann.): 365%

BUCKET 0.1%Share of the two combined market caps99.9% BTW

Performance

BUCKETBTW

7 days+3.04%-44.93%BUCKET
30 days-57.65%+73.36%BTW

Correlation

-0.04over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0490d: 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	BUCKET	BTW
Max drawdown (400d)	-76.2%	-60.7%
Risk-adjusted return (90d)	-0.05	0.43

Relative strength over 90 days: BTW outperformed BUCKET by 72.3% — measured on the BUCKET/BTW ratio, so it holds regardless of market direction.

Bucket Shop →Bitway →