Piteas vs SWFTCOIN

SWFTCOIN (SWFTC) is 17.6× the size of Piteas (PTS) by market capitalisation. Over the past 30 days, SWFTC is ahead by 51.2 percentage points (PTS -52.0% against SWFTC -0.8%). Their daily returns move closely together (correlation 0.76 across 39 shared trading days). PTS has been the more volatile of the two, at 195% annualised against SWFTC's 70%.

Correlation: 0.76
Size ratio: 1 : 17.6
Ahead over 30 days: SWFTC

PiteasPTS

$0.020670

24h: +3.48%
Market cap: $1.45M
Volume 24h: $285
Volatility (ann.): 195%

SWFTCOINSWFTC

$0.002550

24h: +2.17%
Market cap: $25.50M
Volume 24h: $251,492
Volatility (ann.): 70%

PTS 5.4%Share of the two combined market caps94.6% SWFTC

Performance

PTSSWFTC

7 days+9.73%-2.38%PTS
30 days-52.01%-0.79%SWFTC

Correlation

0.76over 39 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.7790d: 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	PTS	SWFTC
Max drawdown (400d)	-62.9%	-21.0%
Risk-adjusted return (90d)	-0.29	-0.02

Relative strength over 90 days: SWFTC outperformed PTS by 56.7% — measured on the PTS/SWFTC ratio, so it holds regardless of market direction.

Piteas →SWFTCOIN →