GIBX Swap vs Bitway

GIBX Swap (X) and Bitway (BTW) compared side by side. Over the past 30 days, BTW is ahead by 79.9 percentage points (X -6.5% against BTW +73.4%). Their daily returns move barely in opposite directions (correlation -0.01 across 23 shared trading days). BTW has been the more volatile of the two, at 365% annualised against X's 32%.

Correlation: -0.01
Ahead over 30 days: BTW

GIBX SwapX

$6.103e-5

24h: -0.35%
Market cap: —
Volume 24h: $5
Volatility (ann.): 32%

BitwayBTW

$1.0370

24h: +7.59%
Market cap: $1.56B
Volume 24h: $6.47M
Volatility (ann.): 365%

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

Performance

XBTW

7 days-4.88%-44.93%X
30 days-6.54%+73.36%BTW

Correlation

-0.01over 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	X	BTW
Max drawdown (400d)	-6.8%	-60.7%
Risk-adjusted return (90d)	-0.13	0.43

Relative strength over 90 days: X outperformed BTW by 76.9% — measured on the X/BTW ratio, so it holds regardless of market direction.

GIBX Swap →Bitway →