Financie Token vs Bitway

Bitway (BTW) is 1097.7× the size of Financie Token (FNCT) by market capitalisation. Over the past 30 days, BTW is ahead by 56.8 percentage points (FNCT +16.6% against BTW +73.4%). Their daily returns move loosely together (correlation 0.41 across 23 shared trading days). BTW has been the more volatile of the two, at 365% annualised against FNCT's 228%.

Correlation: 0.41
Size ratio: 1 : 1097.7
Ahead over 30 days: BTW

Financie TokenFNCT

$0.000351

24h: -6.19%
Market cap: $1.46M
Volume 24h: $825
Volatility (ann.): 228%

BitwayBTW

$1.0630

24h: +6.52%
Market cap: $1.60B
Volume 24h: $6.57M
Volatility (ann.): 365%

FNCT 0.1%Share of the two combined market caps99.9% BTW

Performance

FNCTBTW

7 days-2.06%-44.93%FNCT
30 days+16.60%+73.36%BTW

Correlation

0.41over 23 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	FNCT	BTW
Max drawdown (400d)	-26.9%	-60.7%
Risk-adjusted return (90d)	0.06	0.43

Relative strength over 90 days: BTW outperformed FNCT by 51.3% — measured on the FNCT/BTW ratio, so it holds regardless of market direction.

Financie Token →Bitway →