GAGE vs Bitway

Bitway (BTW) is 454.3× the size of GAGE (GAGE) by market capitalisation. Over the past 30 days, GAGE is ahead by 100.6 percentage points (GAGE +174.0% against BTW +73.4%). Their daily returns move loosely in opposite directions (correlation -0.39 across 23 shared trading days). Both have run at a similar volatility, around 373% annualised.

Correlation: -0.39
Size ratio: 1 : 454.3
Ahead over 30 days: GAGE

GAGEGAGE

$0.003508

24h: +1.36%
Market cap: $3.51M
Volume 24h: $51,663
Volatility (ann.): 381%

BitwayBTW

$1.0580

24h: +2.58%
Market cap: $1.59B
Volume 24h: $6.53M
Volatility (ann.): 365%

GAGE 0.2%Share of the two combined market caps99.8% BTW

Performance

GAGEBTW

7 days+45.92%-44.93%GAGE
30 days+173.99%+73.36%GAGE

Correlation

-0.39over 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	GAGE	BTW
Max drawdown (400d)	-53.7%	-60.7%
Risk-adjusted return (90d)	0.35	0.43

Relative strength over 90 days: GAGE outperformed BTW by 479.8% — measured on the GAGE/BTW ratio, so it holds regardless of market direction.

GAGE →Bitway →