Polycat Finance vs Bitway

Polycat Finance (FISH) and Bitway (BTW) compared side by side. Over the past 30 days, BTW is ahead by 53.7 percentage points (FISH -8.2% against BTW +45.5%). Their daily returns move barely in opposite directions (correlation -0.25 across 24 shared trading days). BTW has been the more volatile of the two, at 362% annualised against FISH's 34%.

Correlation: -0.25
Ahead over 30 days: BTW

Polycat FinanceFISH

$0.005951

24h: +2.12%
Market cap: —
Volume 24h: $143
Volatility (ann.): 34%

BitwayBTW

$1.0180

24h: +5.87%
Market cap: $1.53B
Volume 24h: $6.38M
Volatility (ann.): 362%

FISH 0.0%Share of the two combined market caps100.0% BTW

Performance

FISHBTW

7 days+0.89%-40.12%FISH
30 days-8.23%+45.45%BTW

Correlation

-0.25over 24 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	FISH	BTW
Max drawdown (400d)	-12.8%	-60.7%
Risk-adjusted return (90d)	-0.22	0.48

Relative strength over 90 days: FISH outperformed BTW by 61.4% — measured on the FISH/BTW ratio, so it holds regardless of market direction.

Polycat Finance →Bitway →