FRGX Finance vs Bitway

FRGX Finance (FRGX) and Bitway (BTW) compared side by side. Over the past 30 days, BTW is ahead by 96.6 percentage points (FRGX -23.2% against BTW +73.4%). Their daily returns move barely together (correlation 0.13 across 23 shared trading days). BTW has been the more volatile of the two, at 365% annualised against FRGX's 83%.

Correlation: 0.13
Ahead over 30 days: BTW

FRGX FinanceFRGX

$0.006615

24h: +2.28%
Market cap: —
Volume 24h: $1,810
Volatility (ann.): 83%

BitwayBTW

$1.0680

24h: +4.51%
Market cap: $1.61B
Volume 24h: $6.55M
Volatility (ann.): 365%

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

Performance

FRGXBTW

7 days-3.89%-44.93%FRGX
30 days-23.22%+73.36%BTW

Correlation

0.13over 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	FRGX	BTW
Max drawdown (400d)	-30.9%	-60.7%
Risk-adjusted return (90d)	-0.36	0.43

Relative strength over 90 days: FRGX outperformed BTW by 40.0% — measured on the FRGX/BTW ratio, so it holds regardless of market direction.

FRGX Finance →Bitway →