Flight Coin vs Bitway

Flight Coin (FLIGHT) and Bitway (BTW) compared side by side. Over the past 30 days, BTW is ahead by 95.8 percentage points (FLIGHT -22.4% against BTW +73.4%). Their daily returns move barely in opposite directions (correlation -0.15 across 23 shared trading days). BTW has been the more volatile of the two, at 365% annualised against FLIGHT's 27%.

Correlation: -0.15
Ahead over 30 days: BTW

Flight CoinFLIGHT

$8.227e-8

24h: -1.23%
Market cap: —
Volume 24h: $359
Volatility (ann.): 27%

BitwayBTW

$1.0310

24h: +6.87%
Market cap: $1.55B
Volume 24h: $6.35M
Volatility (ann.): 365%

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

Performance

FLIGHTBTW

7 days-8.21%-44.93%FLIGHT
30 days-22.44%+73.36%BTW

Correlation

-0.15over 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	FLIGHT	BTW
Max drawdown (400d)	-22.4%	-60.7%
Risk-adjusted return (90d)	-0.83	0.43

Relative strength over 90 days: FLIGHT outperformed BTW by 48.2% — measured on the FLIGHT/BTW ratio, so it holds regardless of market direction.

Flight Coin →Bitway →