Lattice vs Bitway

Bitway (BTW) is 35821.8× the size of Lattice (LTX) by market capitalisation. Over the past 30 days, BTW is ahead by 165.6 percentage points (LTX -92.3% against BTW +73.4%). Their daily returns move loosely in opposite directions (correlation -0.40 across 25 shared trading days). BTW has been the more volatile of the two, at 365% annualised against LTX's 283%.

Correlation: -0.40
Size ratio: 1 : 35821.8
Ahead over 30 days: BTW

LatticeLTX

$0.000456

24h: —
Market cap: $45,613
Volume 24h: $6
Volatility (ann.): 283%

BitwayBTW

$1.0850

24h: +21.20%
Market cap: $1.63B
Volume 24h: $7.09M
Volatility (ann.): 365%

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

Performance

LTXBTW

7 days-82.17%-44.93%BTW
30 days-92.27%+73.36%BTW

Correlation

-0.40over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.4090d: 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	LTX	BTW
Max drawdown (400d)	-92.3%	-60.7%
Risk-adjusted return (90d)	-0.33	0.43

Relative strength over 90 days: BTW outperformed LTX by 96.5% — measured on the LTX/BTW ratio, so it holds regardless of market direction.

Lattice →Bitway →