Port Finance vs Bitway

Bitway (BTW) is 67676.5× the size of Port Finance (PORT) by market capitalisation. Over the past 30 days, BTW is ahead by 94.3 percentage points (PORT -48.9% against BTW +45.5%). Their daily returns move barely in opposite directions (correlation -0.06 across 24 shared trading days). BTW has been the more volatile of the two, at 362% annualised against PORT's 202%.

Correlation: -0.06
Size ratio: 1 : 67676.5
Ahead over 30 days: BTW

Port FinancePORT

$0.000759

24h: -4.29%
Market cap: $24,405
Volume 24h: $1,492
Volatility (ann.): 202%

BitwayBTW

$1.0970

24h: +3.29%
Market cap: $1.65B
Volume 24h: $4.73M
Volatility (ann.): 362%

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

Performance

PORTBTW

7 days-9.68%-40.12%PORT
30 days-48.86%+45.45%BTW

Correlation

-0.06over 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	PORT	BTW
Max drawdown (400d)	-74.2%	-60.7%
Risk-adjusted return (90d)	-0.24	0.48

Relative strength over 90 days: BTW outperformed PORT by 42.8% — measured on the PORT/BTW ratio, so it holds regardless of market direction.

Port Finance →Bitway →