Hakka Finance vs Bitway

Bitway (BTW) is 2161.8× the size of Hakka Finance (HAKKA) by market capitalisation. Over the past 30 days, BTW is ahead by 79.6 percentage points (HAKKA -6.2% against BTW +73.4%). Their daily returns move barely together (correlation 0.30 across 28 shared trading days). BTW has been the more volatile of the two, at 365% annualised against HAKKA's 72%.

Correlation: 0.30
Size ratio: 1 : 2161.8
Ahead over 30 days: BTW

Hakka FinanceHAKKA

$0.002052

24h: +0.22%
Market cap: $769,127
Volume 24h: $17
Volatility (ann.): 72%

BitwayBTW

$1.1000

24h: +13.05%
Market cap: $1.66B
Volume 24h: $5.85M
Volatility (ann.): 365%

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

Performance

HAKKABTW

7 days-3.61%-44.93%HAKKA
30 days-6.23%+73.36%BTW

Correlation

0.30over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3090d: 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	HAKKA	BTW
Max drawdown (400d)	-13.8%	-60.7%
Risk-adjusted return (90d)	-0.07	0.43

Relative strength over 90 days: BTW outperformed HAKKA by 59.7% — measured on the HAKKA/BTW ratio, so it holds regardless of market direction.

Hakka Finance →Bitway →