Dypius [OLD] vs Bitway

Bitway (BTW) is 53524.2× the size of Dypius [OLD] (DYP) by market capitalisation. Over the past 30 days, BTW is ahead by 159.6 percentage points (DYP -91.2% against BTW +68.4%). Their daily returns move barely in opposite directions (correlation -0.03 across 20 shared trading days). DYP has been the more volatile of the two, at 4396% annualised against BTW's 359%.

Correlation: -0.03
Size ratio: 1 : 53524.2
Ahead over 30 days: BTW

Dypius [OLD]DYP

$0.002006

24h: -4.08%
Market cap: $31,229
Volume 24h: $105
Volatility (ann.): 4396%

BitwayBTW

$1.1100

24h: +7.21%
Market cap: $1.67B
Volume 24h: $5.56M
Volatility (ann.): 359%

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

Performance

DYPBTW

7 days-2.53%-31.25%DYP
30 days-91.21%+68.43%BTW

Correlation

-0.03over 20 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	DYP	BTW
Max drawdown (400d)	-91.2%	-60.7%
Risk-adjusted return (90d)	-0.02	0.54

Relative strength over 90 days: BTW outperformed DYP by 85.1% — measured on the DYP/BTW ratio, so it holds regardless of market direction.

Dypius [OLD] →Bitway →