PACT vs Bitway

Bitway (BTW) is 230.2× the size of PACT (PACT) by market capitalisation. Over the past 30 days, BTW is ahead by 104.1 percentage points (PACT -30.8% against BTW +73.4%). Their daily returns move loosely in opposite directions (correlation -0.38 across 22 shared trading days). BTW has been the more volatile of the two, at 365% annualised against PACT's 163%.

Correlation: -0.38
Size ratio: 1 : 230.2
Ahead over 30 days: BTW

PACTPACT

$0.000189

24h: -0.84%
Market cap: $6.83M
Volume 24h: $5,263
Volatility (ann.): 163%

BitwayBTW

$1.0430

24h: -0.13%
Market cap: $1.57B
Volume 24h: $6.55M
Volatility (ann.): 365%

PACT 0.4%Share of the two combined market caps99.6% BTW

Performance

PACTBTW

7 days-13.66%-44.93%PACT
30 days-30.79%+73.36%BTW

Correlation

-0.38over 22 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	PACT	BTW
Max drawdown (400d)	-39.8%	-60.7%
Risk-adjusted return (90d)	-0.19	0.43

Relative strength over 90 days: BTW outperformed PACT by 72.7% — measured on the PACT/BTW ratio, so it holds regardless of market direction.

PACT →Bitway →