ORE vs Bitway

Bitway (BTW) is 22.2× the size of ORE (ORE) by market capitalisation. Over the past 30 days, ORE is ahead by 42.0 percentage points (ORE +115.4% against BTW +73.4%). Their daily returns move loosely together (correlation 0.40 across 42 shared trading days). BTW has been the more volatile of the two, at 365% annualised against ORE's 263%.

Correlation: 0.40
Size ratio: 1 : 22.2
Ahead over 30 days: ORE

OREORE

$144.7300

24h: +6.01%
Market cap: $75.08M
Volume 24h: $1.61M
Volatility (ann.): 263%

BitwayBTW

$1.1100

24h: +23.07%
Market cap: $1.67B
Volume 24h: $7.07M
Volatility (ann.): 365%

ORE 4.3%Share of the two combined market caps95.7% BTW

Performance

OREBTW

7 days-14.64%-44.93%ORE
30 days+115.40%+73.36%ORE

Correlation

0.40over 42 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4190d: 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	ORE	BTW
Max drawdown (400d)	-39.5%	-60.7%
Risk-adjusted return (90d)	0.32	0.43

Relative strength over 90 days: BTW outperformed ORE by 16.1% — measured on the ORE/BTW ratio, so it holds regardless of market direction.

ORE →Bitway →