MMFinance (Cronos) vs Bitway

Bitway (BTW) is 21883.9× the size of MMFinance (Cronos) (MMF) by market capitalisation. Over the past 30 days, BTW is ahead by 62.1 percentage points (MMF -16.6% against BTW +45.5%). Their daily returns move barely in opposite directions (correlation -0.04 across 24 shared trading days). BTW has been the more volatile of the two, at 362% annualised against MMF's 36%.

Correlation: -0.04
Size ratio: 1 : 21883.9
Ahead over 30 days: BTW

MMFinance (Cronos)MMF

$7.714e-5

24h: +3.66%
Market cap: $75,473
Volume 24h: $882
Volatility (ann.): 36%

BitwayBTW

$1.0970

24h: +3.29%
Market cap: $1.65B
Volume 24h: $4.73M
Volatility (ann.): 362%

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

Performance

MMFBTW

7 days-2.88%-40.12%MMF
30 days-16.64%+45.45%BTW

Correlation

-0.04over 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	MMF	BTW
Max drawdown (400d)	-17.9%	-60.7%
Risk-adjusted return (90d)	-0.46	0.48

Relative strength over 90 days: MMF outperformed BTW by 54.4% — measured on the MMF/BTW ratio, so it holds regardless of market direction.

MMFinance (Cronos) →Bitway →