Hedron vs Bitway

Hedron (HDRN) and Bitway (BTW) compared side by side. Over the past 30 days, BTW is ahead by 118.4 percentage points (HDRN -45.1% against BTW +73.4%). Their daily returns move barely in opposite directions (correlation -0.11 across 21 shared trading days). BTW has been the more volatile of the two, at 365% annualised against HDRN's 263%.

Correlation: -0.11
Ahead over 30 days: BTW

HedronHDRN

$2.993e-9

24h: -1.48%
Market cap: —
Volume 24h: $55
Volatility (ann.): 263%

BitwayBTW

$1.0310

24h: +6.87%
Market cap: $1.55B
Volume 24h: $6.35M
Volatility (ann.): 365%

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

Performance

HDRNBTW

7 days+3.08%-44.93%HDRN
30 days-45.07%+73.36%BTW

Correlation

-0.11over 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	HDRN	BTW
Max drawdown (400d)	-65.5%	-60.7%
Risk-adjusted return (90d)	-0.17	0.43

Relative strength over 90 days: HDRN outperformed BTW by 4.7% — measured on the HDRN/BTW ratio, so it holds regardless of market direction.

Hedron →Bitway →