Ember Earn vs Bitway

Bitway (BTW) is 1191.1× the size of Ember Earn (EEARN) by market capitalisation. Over the past 30 days, BTW is ahead by 72.0 percentage points (EEARN +1.3% against BTW +73.4%). Their daily returns move barely together (correlation 0.19 across 26 shared trading days). BTW has been the more volatile of the two, at 365% annualised against EEARN's 6%.

Correlation: 0.19
Size ratio: 1 : 1191.1
Ahead over 30 days: BTW

Ember EarnEEARN

$1.0550

24h: +0.02%
Market cap: $1.32M
Volume 24h: $46,204
Volatility (ann.): 6%

BitwayBTW

$1.0430

24h: -0.13%
Market cap: $1.57B
Volume 24h: $6.55M
Volatility (ann.): 365%

EEARN 0.1%Share of the two combined market caps99.9% BTW

Performance

EEARNBTW

7 days+0.67%-44.93%EEARN
30 days+1.35%+73.36%BTW

Correlation

0.19over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1990d: 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	EEARN	BTW
Max drawdown (400d)	-0.8%	-60.7%
Risk-adjusted return (90d)	0.21	0.43

Relative strength over 90 days: BTW outperformed EEARN by 56.9% — measured on the EEARN/BTW ratio, so it holds regardless of market direction.

Ember Earn →Bitway →