Clearpool vs Bitway

Bitway (BTW) is 56.9× the size of Clearpool (CPOOL) by market capitalisation. Over the past 30 days, BTW is ahead by 44.6 percentage points (CPOOL +28.7% against BTW +73.4%). Their daily returns move barely together (correlation 0.24 across 36 shared trading days). BTW has been the more volatile of the two, at 365% annualised against CPOOL's 174%.

Correlation: 0.24
Size ratio: 1 : 56.9
Ahead over 30 days: BTW

ClearpoolCPOOL

$0.027873

24h: +6.07%
Market cap: $27.87M
Volume 24h: $1.56M
Volatility (ann.): 174%

BitwayBTW

$1.0530

24h: +4.19%
Market cap: $1.59B
Volume 24h: $6.47M
Volatility (ann.): 365%

CPOOL 1.7%Share of the two combined market caps98.3% BTW

Performance

CPOOLBTW

7 days-5.95%-44.93%CPOOL
30 days+28.71%+73.36%BTW

Correlation

0.24over 36 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2690d: 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	CPOOL	BTW
Max drawdown (400d)	-27.8%	-60.7%
Risk-adjusted return (90d)	0.20	0.43

Relative strength over 90 days: BTW outperformed CPOOL by 44.1% — measured on the CPOOL/BTW ratio, so it holds regardless of market direction.

Clearpool →Bitway →