PoP Planet vs Bitway

Bitway (BTW) is 1061.7× the size of PoP Planet (P) by market capitalisation. Over the past 30 days, BTW is ahead by 93.2 percentage points (P -19.9% against BTW +73.4%). Their daily returns move closely in opposite directions (correlation -0.69 across 22 shared trading days). BTW has been the more volatile of the two, at 365% annualised against P's 314%.

Correlation: -0.69
Size ratio: 1 : 1061.7
Ahead over 30 days: BTW

PoP PlanetP

$0.011105

24h: -8.28%
Market cap: $1.55M
Volume 24h: $435
Volatility (ann.): 314%

BitwayBTW

$1.0970

24h: +3.84%
Market cap: $1.65B
Volume 24h: $6.94M
Volatility (ann.): 365%

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

Performance

PBTW

7 days+35.46%-44.93%P
30 days-19.87%+73.36%BTW

Correlation

-0.69over 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	P	BTW
Max drawdown (400d)	-83.9%	-60.7%
Risk-adjusted return (90d)	-0.06	0.43

Relative strength over 90 days: BTW outperformed P by 68.4% — measured on the P/BTW ratio, so it holds regardless of market direction.

PoP Planet →Bitway →