GAIB vs Bitway

Bitway (BTW) is 459.6× the size of GAIB (GAIB) by market capitalisation. Over the past 30 days, BTW is ahead by 28.5 percentage points (GAIB +44.8% against BTW +73.4%). Their daily returns move barely in opposite directions (correlation -0.06 across 28 shared trading days). GAIB has been the more volatile of the two, at 521% annualised against BTW's 365%.

Correlation: -0.06
Size ratio: 1 : 459.6
Ahead over 30 days: BTW

GAIBGAIB

$0.017023

24h: -5.55%
Market cap: $3.49M
Volume 24h: $147,939
Volatility (ann.): 521%

BitwayBTW

$1.0630

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

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

Performance

GAIBBTW

7 days-38.97%-44.93%GAIB
30 days+44.84%+73.36%BTW

Correlation

-0.06over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0690d: 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	GAIB	BTW
Max drawdown (400d)	-53.7%	-60.7%
Risk-adjusted return (90d)	0.06	0.43

Relative strength over 90 days: BTW outperformed GAIB by 40.8% — measured on the GAIB/BTW ratio, so it holds regardless of market direction.

GAIB →Bitway →