Kyuzo's Friends vs Bitway

Bitway (BTW) is 9239.2× the size of Kyuzo's Friends (KO) by market capitalisation. Over the past 30 days, BTW is ahead by 146.9 percentage points (KO -73.5% against BTW +73.4%). Their daily returns move barely in opposite directions (correlation -0.26 across 26 shared trading days). BTW has been the more volatile of the two, at 365% annualised against KO's 287%.

Correlation: -0.26
Size ratio: 1 : 9239.2
Ahead over 30 days: BTW

Kyuzo's FriendsKO

$0.000784

24h: -9.16%
Market cap: $170,446
Volume 24h: $5,451
Volatility (ann.): 287%

BitwayBTW

$1.0450

24h: +1.77%
Market cap: $1.57B
Volume 24h: $6.42M
Volatility (ann.): 365%

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

Performance

KOBTW

7 days-77.57%-44.93%BTW
30 days-73.50%+73.36%BTW

Correlation

-0.26over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2690d: 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	KO	BTW
Max drawdown (400d)	-83.8%	-60.7%
Risk-adjusted return (90d)	-0.26	0.43

Relative strength over 90 days: BTW outperformed KO by 89.2% — measured on the KO/BTW ratio, so it holds regardless of market direction.

Kyuzo's Friends →Bitway →