Centric Swap vs Bitway

Bitway (BTW) is 29578.8× the size of Centric Swap (CNS) by market capitalisation. Over the past 30 days, CNS is ahead by 15.5 percentage points (CNS +84.0% against BTW +68.4%). Their daily returns move closely together (correlation 0.73 across 28 shared trading days). BTW has been the more volatile of the two, at 359% annualised against CNS's 227%.

Correlation: 0.73
Size ratio: 1 : 29578.8
Ahead over 30 days: CNS

Centric SwapCNS

$0.006293

24h: -1.55%
Market cap: $55,887
Volume 24h: $155,304
Volatility (ann.): 227%

BitwayBTW

$1.0980

24h: +5.62%
Market cap: $1.65B
Volume 24h: $5.24M
Volatility (ann.): 359%

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

Performance

CNSBTW

7 days-32.67%-31.25%BTW
30 days+83.97%+68.43%CNS

Correlation

0.73over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.7390d: 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	CNS	BTW
Max drawdown (400d)	-39.6%	-60.7%
Risk-adjusted return (90d)	0.26	0.54

Relative strength over 90 days: BTW outperformed CNS by 38.7% — measured on the CNS/BTW ratio, so it holds regardless of market direction.

Centric Swap →Bitway →