Main Street Yield vs Bitway

Bitway (BTW) is 50.3× the size of Main Street Yield (MSY) by market capitalisation. Over the past 30 days, BTW is ahead by 62.7 percentage points (MSY +10.6% against BTW +73.4%). Their daily returns move barely together (correlation 0.06 across 37 shared trading days). BTW has been the more volatile of the two, at 365% annualised against MSY's 130%.

Correlation: 0.06
Size ratio: 1 : 50.3
Ahead over 30 days: BTW

Main Street YieldMSY

$0.532748

24h: -7.28%
Market cap: $34.24M
Volume 24h: $2,613
Volatility (ann.): 130%

BitwayBTW

$1.1400

24h: +16.08%
Market cap: $1.72B
Volume 24h: $6.48M
Volatility (ann.): 365%

MSY 1.9%Share of the two combined market caps98.1% BTW

Performance

MSYBTW

7 days-10.81%-44.93%MSY
30 days+10.64%+73.36%BTW

Correlation

0.06over 37 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0190d: 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	MSY	BTW
Max drawdown (400d)	-17.2%	-60.7%
Risk-adjusted return (90d)	0.43	0.43

Relative strength over 90 days: BTW outperformed MSY by 28.7% — measured on the MSY/BTW ratio, so it holds regardless of market direction.

Main Street Yield →Bitway →