pMINT vs Bitway

Bitway (BTW) is 1264.0× the size of pMINT (PMINT) by market capitalisation. Over the past 30 days, PMINT is ahead by 8.1 percentage points (PMINT +81.5% against BTW +73.4%). Their daily returns move barely together (correlation 0.16 across 30 shared trading days). PMINT has been the more volatile of the two, at 467% annualised against BTW's 365%.

Correlation: 0.16
Size ratio: 1 : 1264.0
Ahead over 30 days: PMINT

pMINTPMINT

$0.067034

24h: -9.43%
Market cap: $1.35M
Volume 24h: $6,777
Volatility (ann.): 467%

BitwayBTW

$1.1300

24h: +15.12%
Market cap: $1.70B
Volume 24h: $5.94M
Volatility (ann.): 365%

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

Performance

PMINTBTW

7 days-14.32%-44.93%PMINT
30 days+81.46%+73.36%PMINT

Correlation

0.16over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1690d: 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	PMINT	BTW
Max drawdown (400d)	-70.2%	-60.7%
Risk-adjusted return (90d)	0.03	0.43

Relative strength over 90 days: BTW outperformed PMINT by 51.8% — measured on the PMINT/BTW ratio, so it holds regardless of market direction.

pMINT →Bitway →