LEO Token vs Bitway

LEO Token (LEO) is 1.8× the size of Bitway (BTW) by market capitalisation. Over the past 30 days, BTW is ahead by 183.5 percentage points (LEO -2.9% against BTW +180.5%). Their daily returns move barely in opposite directions (correlation -0.27 across 35 shared trading days). BTW has been the more volatile of the two, at 333% annualised against LEO's 23%.

Correlation: -0.27
Size ratio: 1.8×
Ahead over 30 days: BTW

LEO TokenLEO

$8.9100

24h: +1.95%
Market cap: $8.19B
Volume 24h: $421,696
Volatility (ann.): 23%

BitwayBTW

$1.6800

24h: +3.55%
Market cap: $4.56B
Volume 24h: $12.23M
Volatility (ann.): 333%

LEO 64.3%Share of the two combined market caps35.7% BTW

Performance

LEOBTW

7 days-0.99%+101.46%BTW
30 days-2.91%+180.55%BTW

Correlation

-0.27over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.3690d: 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	LEO	BTW
Max drawdown (400d)	-8.8%	-23.4%
Risk-adjusted return (90d)	-0.15	0.60

Relative strength over 90 days: BTW outperformed LEO by 67.6% — measured on the LEO/BTW ratio, so it holds regardless of market direction.

LEO Token →Bitway →