Epicentral Labs vs Bitway

Bitway (BTW) is 43903.8× the size of Epicentral Labs (LABS) by market capitalisation. Over the past 30 days, BTW is ahead by 59.2 percentage points (LABS -13.7% against BTW +45.5%). Their daily returns move barely together (correlation 0.26 across 24 shared trading days). BTW has been the more volatile of the two, at 362% annualised against LABS's 49%.

Correlation: 0.26
Size ratio: 1 : 43903.8
Ahead over 30 days: BTW

Epicentral LabsLABS

$0.000690

24h: +0.10%
Market cap: $37,686
Volume 24h: $11
Volatility (ann.): 49%

BitwayBTW

$1.0990

24h: +4.44%
Market cap: $1.65B
Volume 24h: $4.68M
Volatility (ann.): 362%

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

Performance

LABSBTW

7 days-0.25%-40.12%LABS
30 days-13.74%+45.45%BTW

Correlation

0.26over 24 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	LABS	BTW
Max drawdown (400d)	-20.5%	-60.7%
Risk-adjusted return (90d)	-0.39	0.48

Relative strength over 90 days: LABS outperformed BTW by 54.9% — measured on the LABS/BTW ratio, so it holds regardless of market direction.

Epicentral Labs →Bitway →