GameBuild vs Bitway

Bitway (BTW) is 93.4× the size of GameBuild (GAME) by market capitalisation. Over the past 30 days, BTW is ahead by 9.0 percentage points (GAME +36.4% against BTW +45.5%). Their daily returns move loosely together (correlation 0.59 across 28 shared trading days). BTW has been the more volatile of the two, at 362% annualised against GAME's 148%.

Correlation: 0.59
Size ratio: 1 : 93.4
Ahead over 30 days: BTW

GameBuildGAME

$0.000850

24h: +2.44%
Market cap: $16.68M
Volume 24h: $202,926
Volatility (ann.): 148%

BitwayBTW

$1.0350

24h: +5.15%
Market cap: $1.56B
Volume 24h: $5.96M
Volatility (ann.): 362%

GAME 1.1%Share of the two combined market caps98.9% BTW

Performance

GAMEBTW

7 days+8.64%-40.12%GAME
30 days+36.42%+45.45%BTW

Correlation

0.59over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5990d: 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	GAME	BTW
Max drawdown (400d)	-28.1%	-60.7%
Risk-adjusted return (90d)	0.33	0.48

Relative strength over 90 days: BTW outperformed GAME by 36.2% — measured on the GAME/BTW ratio, so it holds regardless of market direction.

GameBuild →Bitway →