MineBean vs Bitway

Bitway (BTW) is 55745.4× the size of MineBean (BEAN) by market capitalisation. Over the past 30 days, BTW is ahead by 95.0 percentage points (BEAN -49.5% against BTW +45.5%). Their daily returns move barely together (correlation 0.09 across 24 shared trading days). BTW has been the more volatile of the two, at 362% annualised against BEAN's 145%.

Correlation: 0.09
Size ratio: 1 : 55745.4
Ahead over 30 days: BTW

MineBeanBEAN

$0.291334

24h: -3.30%
Market cap: $29,829
Volume 24h: $1,474
Volatility (ann.): 145%

BitwayBTW

$1.1000

24h: +4.97%
Market cap: $1.66B
Volume 24h: $4.75M
Volatility (ann.): 362%

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

Performance

BEANBTW

7 days-17.71%-40.12%BEAN
30 days-49.54%+45.45%BTW

Correlation

0.09over 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	BEAN	BTW
Max drawdown (400d)	-59.7%	-60.7%
Risk-adjusted return (90d)	-0.41	0.48

Relative strength over 90 days: BTW outperformed BEAN by 2.4% — measured on the BEAN/BTW ratio, so it holds regardless of market direction.

MineBean →Bitway →