Hive AI vs Bitway

Bitway (BTW) is 5298.3× the size of Hive AI (BUZZ) by market capitalisation. Over the past 30 days, BTW is ahead by 71.4 percentage points (BUZZ -26.0% against BTW +45.5%). Their daily returns move barely in opposite directions (correlation -0.09 across 24 shared trading days). BTW has been the more volatile of the two, at 362% annualised against BUZZ's 52%.

Correlation: -0.09
Size ratio: 1 : 5298.3
Ahead over 30 days: BTW

Hive AIBUZZ

$0.000298

24h: +4.00%
Market cap: $297,534
Volume 24h: $222
Volatility (ann.): 52%

BitwayBTW

$1.0470

24h: +6.95%
Market cap: $1.58B
Volume 24h: $6.24M
Volatility (ann.): 362%

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

Performance

BUZZBTW

7 days-4.93%-40.12%BUZZ
30 days-25.99%+45.45%BTW

Correlation

-0.09over 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	BUZZ	BTW
Max drawdown (400d)	-29.6%	-60.7%
Risk-adjusted return (90d)	-0.49	0.48

Relative strength over 90 days: BUZZ outperformed BTW by 38.7% — measured on the BUZZ/BTW ratio, so it holds regardless of market direction.

Hive AI →Bitway →