Jelly-My-Jelly vs Bitway

Bitway (BTW) is 40.3× the size of Jelly-My-Jelly (JELLYJELLY) by market capitalisation. Over the past 30 days, BTW is ahead by 98.4 percentage points (JELLYJELLY -25.1% against BTW +73.4%). Their daily returns move barely together (correlation 0.18 across 50 shared trading days). BTW has been the more volatile of the two, at 365% annualised against JELLYJELLY's 57%.

Correlation: 0.18
Size ratio: 1 : 40.3
Ahead over 30 days: BTW

Jelly-My-JellyJELLYJELLY

$0.040878

24h: -1.08%
Market cap: $40.88M
Volume 24h: $2.86M
Volatility (ann.): 57%

BitwayBTW

$1.0940

24h: +21.80%
Market cap: $1.65B
Volume 24h: $7.14M
Volatility (ann.): 365%

JELLYJELLY 2.4%Share of the two combined market caps97.6% BTW

Performance

JELLYJELLYBTW

7 days-16.66%-44.93%JELLYJELLY
30 days-25.05%+73.36%BTW

Correlation

0.18over 50 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1890d: 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	JELLYJELLY	BTW
Max drawdown (400d)	-31.6%	-60.7%
Risk-adjusted return (90d)	-0.52	0.43

Relative strength over 90 days: BTW outperformed JELLYJELLY by 70.8% — measured on the JELLYJELLY/BTW ratio, so it holds regardless of market direction.

Jelly-My-Jelly →Bitway →