Bitcoin (BTC) is 1417953.1× the size of Mythos (MYTH) by market capitalisation. Their daily returns move loosely together (correlation 0.51 across 40 shared trading days). MYTH has been the more volatile of the two, at 137% annualised against BTC's 44%.
MYTHBTC
0.51over 40 shared trading days
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.
| Metric | MYTH | BTC |
|---|---|---|
| Max drawdown (400d) | -54.3% | -53.0% |
| Risk-adjusted return (90d) | -0.37 | 0.51 |
| Best 30 days (past year) | — | +26.8% |
| Worst 30 days (past year) | — | -32.9% |
Relative strength over 90 days: BTC outperformed MYTH by 51.0% — measured on the MYTH/BTC ratio, so it holds regardless of market direction.