ErectusDAO vs Bitway

Bitway (BTW) is 18070.7× the size of ErectusDAO (YUGE) by market capitalisation. Over the past 30 days, BTW is ahead by 61.1 percentage points (YUGE -15.7% against BTW +45.5%). Their daily returns move barely together (correlation 0.16 across 22 shared trading days). BTW has been the more volatile of the two, at 362% annualised against YUGE's 43%.

Correlation: 0.16
Size ratio: 1 : 18070.7
Ahead over 30 days: BTW

ErectusDAOYUGE

$0.052550

24h: +6.63%
Market cap: $83,830
Volume 24h: $173
Volatility (ann.): 43%

BitwayBTW

$1.0060

24h: -8.88%
Market cap: $1.51B
Volume 24h: $4.67M
Volatility (ann.): 362%

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

Performance

YUGEBTW

7 days+1.35%-40.12%YUGE
30 days-15.68%+45.45%BTW

Correlation

0.16over 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	YUGE	BTW
Max drawdown (400d)	-22.4%	-60.7%
Risk-adjusted return (90d)	-0.37	0.48

Relative strength over 90 days: YUGE outperformed BTW by 52.1% — measured on the YUGE/BTW ratio, so it holds regardless of market direction.

ErectusDAO →Bitway →