Giants Protocol vs Bitway

Bitway (BTW) is 812078.9× the size of Giants Protocol (G) by market capitalisation. Over the past 30 days, BTW is ahead by 74.1 percentage points (G -28.7% against BTW +45.5%). Their daily returns move barely together (correlation 0.05 across 21 shared trading days). G has been the more volatile of the two, at 3063% annualised against BTW's 362%.

Correlation: 0.05
Size ratio: 1 : 812078.9
Ahead over 30 days: BTW

Giants ProtocolG

$1.060e-6

24h: -4.29%
Market cap: $1,862
Volume 24h: $8
Volatility (ann.): 3063%

BitwayBTW

$1.0040

24h: +2.69%
Market cap: $1.51B
Volume 24h: $5.44M
Volatility (ann.): 362%

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

Performance

GBTW

7 days-74.84%-40.12%BTW
30 days-28.67%+45.45%BTW

Correlation

0.05over 21 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	G	BTW
Max drawdown (400d)	-97.4%	-60.7%
Risk-adjusted return (90d)	-0.01	0.48

Relative strength over 90 days: BTW outperformed G by 95.0% — measured on the G/BTW ratio, so it holds regardless of market direction.

Giants Protocol →Bitway →