Fidira vs Bitcoin

Fidira (FID) and Bitcoin (BTC) compared side by side. Their daily returns move closely together (correlation 0.83 across 34 shared trading days). Both have run at a similar volatility, around 43% annualised.

Correlation: 0.83

FidiraFID

$0.000363

24h: +0.39%
Market cap: —
Volume 24h: $26
Volatility (ann.): 41%

BitcoinBTC

$80,668.63

24h: +4.94%
Market cap: $1.62T
Volume 24h: $40.21B
Volatility (ann.): 44%

FID 0.0%Share of the two combined market caps100.0% BTC

Performance

FIDBTC

7 days+2.39%-1.03%FID
30 days-8.62%-6.14%BTC
90 days—+25.15%—
1 year—-20.68%—

Correlation

0.83over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.8390d: 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	FID	BTC
Max drawdown (400d)	-15.3%	-53.0%
Risk-adjusted return (90d)	-0.17	0.63
Best 30 days (past year)	—	+26.8%
Worst 30 days (past year)	—	-32.9%

Relative strength over 90 days: BTC outperformed FID by 2.4% — measured on the FID/BTC ratio, so it holds regardless of market direction.

Fidira →Bitcoin →