Listed exchange vs Bitway

Bitway (BTW) is 22363.8× the size of Listed exchange (LISTED) by market capitalisation. Over the past 30 days, BTW is ahead by 83.5 percentage points (LISTED -38.0% against BTW +45.5%). Their daily returns move barely in opposite directions (correlation -0.21 across 24 shared trading days). LISTED has been the more volatile of the two, at 754% annualised against BTW's 362%.

Correlation: -0.21
Size ratio: 1 : 22363.8
Ahead over 30 days: BTW

Listed exchangeLISTED

$8.273e-5

24h: -17.47%
Market cap: $66,464
Volume 24h: $4,787
Volatility (ann.): 754%

BitwayBTW

$0.987116

24h: -11.29%
Market cap: $1.49B
Volume 24h: $3.66M
Volatility (ann.): 362%

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

Performance

LISTEDBTW

7 days-0.30%-40.12%LISTED
30 days-38.03%+45.45%BTW

Correlation

-0.21over 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	LISTED	BTW
Max drawdown (400d)	-74.5%	-60.7%
Risk-adjusted return (90d)	-0.07	0.48

Relative strength over 90 days: BTW outperformed LISTED by 15.8% — measured on the LISTED/BTW ratio, so it holds regardless of market direction.

Listed exchange →Bitway →