PLEARN vs Bitway

Bitway (BTW) is 1036.6× the size of PLEARN (PLEARN) by market capitalisation. Over the past 30 days, BTW is ahead by 91.6 percentage points (PLEARN -18.2% against BTW +73.4%). Their daily returns move barely in opposite directions (correlation -0.11 across 28 shared trading days). BTW has been the more volatile of the two, at 365% annualised against PLEARN's 80%.

Correlation: -0.11
Size ratio: 1 : 1036.6
Ahead over 30 days: BTW

PLEARNPLEARN

$0.002461

24h: -0.31%
Market cap: $1.53M
Volume 24h: $66,295
Volatility (ann.): 80%

BitwayBTW

$1.0550

24h: +1.72%
Market cap: $1.59B
Volume 24h: $6.45M
Volatility (ann.): 365%

PLEARN 0.1%Share of the two combined market caps99.9% BTW

Performance

PLEARNBTW

7 days-9.48%-44.93%PLEARN
30 days-18.21%+73.36%BTW

Correlation

-0.11over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1190d: 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	PLEARN	BTW
Max drawdown (400d)	-27.7%	-60.7%
Risk-adjusted return (90d)	-0.33	0.43

Relative strength over 90 days: BTW outperformed PLEARN by 68.7% — measured on the PLEARN/BTW ratio, so it holds regardless of market direction.

PLEARN →Bitway →