Givest vs Bitway

Bitway (BTW) is 67653.7× the size of Givest (GIVEST) by market capitalisation. Over the past 30 days, BTW is ahead by 77.6 percentage points (GIVEST -32.1% against BTW +45.5%). Their daily returns move barely together (correlation 0.24 across 24 shared trading days). GIVEST has been the more volatile of the two, at 550% annualised against BTW's 362%.

Correlation: 0.24
Size ratio: 1 : 67653.7
Ahead over 30 days: BTW

GivestGIVEST

$2.449e-5

24h: +8.23%
Market cap: $24,493
Volume 24h: $463
Volatility (ann.): 550%

BitwayBTW

$1.1000

24h: +6.90%
Market cap: $1.66B
Volume 24h: $5.03M
Volatility (ann.): 362%

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

Performance

GIVESTBTW

7 days-11.90%-40.12%GIVEST
30 days-32.11%+45.45%BTW

Correlation

0.24over 24 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	GIVEST	BTW
Max drawdown (400d)	-65.2%	-60.7%
Risk-adjusted return (90d)	-0.09	0.48

Relative strength over 90 days: GIVEST outperformed BTW by 62.5% — measured on the GIVEST/BTW ratio, so it holds regardless of market direction.

Givest →Bitway →