One (ONE) and WhiteBIT Coin (WBT) compared side by side. Over the past 30 days, ONE is ahead by 19.1 percentage points (ONE +12.3% against WBT -6.8%). Their daily returns move barely together (correlation 0.24 across 20 shared trading days). WBT has been the more volatile of the two, at 59% annualised against ONE's 51%.
ONEWBT
0.24over 20 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 | ONE | WBT |
|---|---|---|
| Max drawdown (400d) | -8.3% | -12.4% |
| Risk-adjusted return (90d) | 0.24 | 0.62 |
Relative strength over 90 days: WBT outperformed ONE by 1.2% — measured on the ONE/WBT ratio, so it holds regardless of market direction.