LYNK vs Bitway

Bitway (BTW) is 750.8× the size of LYNK (LYNK) by market capitalisation. Over the past 30 days, BTW is ahead by 78.3 percentage points (LYNK -32.9% against BTW +45.5%). Their daily returns move loosely together (correlation 0.42 across 31 shared trading days). BTW has been the more volatile of the two, at 362% annualised against LYNK's 121%.

Correlation: 0.42
Size ratio: 1 : 750.8
Ahead over 30 days: BTW

LYNKLYNK

$0.002045

24h: -2.11%
Market cap: $2.05M
Volume 24h: $5,470
Volatility (ann.): 121%

BitwayBTW

$1.0200

24h: +5.29%
Market cap: $1.54B
Volume 24h: $6.36M
Volatility (ann.): 362%

LYNK 0.1%Share of the two combined market caps99.9% BTW

Performance

LYNKBTW

7 days-10.25%-40.12%LYNK
30 days-32.85%+45.45%BTW

Correlation

0.42over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4290d: 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	LYNK	BTW
Max drawdown (400d)	-43.1%	-60.7%
Risk-adjusted return (90d)	-0.31	0.48

Relative strength over 90 days: BTW outperformed LYNK by 75.6% — measured on the LYNK/BTW ratio, so it holds regardless of market direction.

LYNK →Bitway →