e-Radix vs Bitway

Bitway (BTW) is 8670.4× the size of e-Radix (EXRD) by market capitalisation. Over the past 30 days, BTW is ahead by 103.2 percentage points (EXRD -57.7% against BTW +45.5%). Their daily returns move barely together (correlation 0.08 across 23 shared trading days). BTW has been the more volatile of the two, at 362% annualised against EXRD's 245%.

Correlation: 0.08
Size ratio: 1 : 8670.4
Ahead over 30 days: BTW

e-RadixEXRD

$0.000212

24h: -1.94%
Market cap: $179,663
Volume 24h: $3,943
Volatility (ann.): 245%

BitwayBTW

$1.0350

24h: +5.15%
Market cap: $1.56B
Volume 24h: $5.96M
Volatility (ann.): 362%

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

Performance

EXRDBTW

7 days+46.81%-40.12%EXRD
30 days-57.73%+45.45%BTW

Correlation

0.08over 23 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	EXRD	BTW
Max drawdown (400d)	-75.4%	-60.7%
Risk-adjusted return (90d)	-0.24	0.48

Relative strength over 90 days: BTW outperformed EXRD by 23.9% — measured on the EXRD/BTW ratio, so it holds regardless of market direction.

e-Radix →Bitway →