Everything vs Bitway

Bitway (BTW) is 58.7× the size of Everything (EV) by market capitalisation. Over the past 30 days, BTW is ahead by 38.1 percentage points (EV +7.4% against BTW +45.5%). Their daily returns move barely together (correlation 0.22 across 35 shared trading days). BTW has been the more volatile of the two, at 362% annualised against EV's 41%.

Correlation: 0.22
Size ratio: 1 : 58.7
Ahead over 30 days: BTW

EverythingEV

$0.000264

24h: +2.66%
Market cap: $26.39M
Volume 24h: $96,669
Volatility (ann.): 41%

BitwayBTW

$1.0290

24h: -4.76%
Market cap: $1.55B
Volume 24h: $4.92M
Volatility (ann.): 362%

EV 1.7%Share of the two combined market caps98.3% BTW

Performance

EVBTW

7 days+3.75%-40.12%EV
30 days+7.36%+45.45%BTW

Correlation

0.22over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2390d: 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	EV	BTW
Max drawdown (400d)	-8.5%	-60.7%
Risk-adjusted return (90d)	0.14	0.48

Relative strength over 90 days: BTW outperformed EV by 59.0% — measured on the EV/BTW ratio, so it holds regardless of market direction.

Everything →Bitway →