Eternal Stake Finance vs Bitway

Bitway (BTW) is 13636.3× the size of Eternal Stake Finance (ESF) by market capitalisation. Over the past 30 days, BTW is ahead by 104.7 percentage points (ESF -59.2% against BTW +45.5%). Their daily returns move barely in opposite directions (correlation -0.00 across 26 shared trading days). BTW has been the more volatile of the two, at 362% annualised against ESF's 176%.

Correlation: -0.00
Size ratio: 1 : 13636.3
Ahead over 30 days: BTW

Eternal Stake FinanceESF

$8.202e-5

24h: +2.28%
Market cap: $112,779
Volume 24h: $821
Volatility (ann.): 176%

BitwayBTW

$1.0210

24h: -5.20%
Market cap: $1.54B
Volume 24h: $4.74M
Volatility (ann.): 362%

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

Performance

ESFBTW

7 days-43.96%-40.12%BTW
30 days-59.24%+45.45%BTW

Correlation

-0.00over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0090d: 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	ESF	BTW
Max drawdown (400d)	-66.9%	-60.7%
Risk-adjusted return (90d)	-0.38	0.48

Relative strength over 90 days: BTW outperformed ESF by 86.3% — measured on the ESF/BTW ratio, so it holds regardless of market direction.

Eternal Stake Finance →Bitway →