Down to Finance vs Bitway

Bitway (BTW) is 19030.3× the size of Down to Finance (DTF) by market capitalisation. Over the past 30 days, BTW is ahead by 171.3 percentage points (DTF -97.9% against BTW +73.4%). Their daily returns move loosely in opposite directions (correlation -0.59 across 22 shared trading days). DTF has been the more volatile of the two, at 693% annualised against BTW's 365%.

Correlation: -0.59
Size ratio: 1 : 19030.3
Ahead over 30 days: BTW

Down to FinanceDTF

$8.863e-5

24h: -28.39%
Market cap: $81,393
Volume 24h: $2,970
Volatility (ann.): 693%

BitwayBTW

$1.0290

24h: +12.09%
Market cap: $1.55B
Volume 24h: $6.92M
Volatility (ann.): 365%

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

Performance

DTFBTW

7 days-54.52%-44.93%BTW
30 days-97.93%+73.36%BTW

Correlation

-0.59over 22 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	DTF	BTW
Max drawdown (400d)	-98.8%	-60.7%
Risk-adjusted return (90d)	-0.14	0.43

Relative strength over 90 days: BTW outperformed DTF by 99.1% — measured on the DTF/BTW ratio, so it holds regardless of market direction.

Down to Finance →Bitway →