Prism Assets vs Bitway

Bitway (BTW) is 1562.4× the size of Prism Assets (PRISM) by market capitalisation. Over the past 30 days, BTW is ahead by 135.5 percentage points (PRISM -62.1% against BTW +73.4%). Their daily returns move loosely together (correlation 0.50 across 30 shared trading days). PRISM has been the more volatile of the two, at 790% annualised against BTW's 365%.

Correlation: 0.50
Size ratio: 1 : 1562.4
Ahead over 30 days: BTW

Prism AssetsPRISM

$0.001021

24h: -5.32%
Market cap: $1.02M
Volume 24h: $13,658
Volatility (ann.): 790%

BitwayBTW

$1.0600

24h: +16.49%
Market cap: $1.60B
Volume 24h: $6.94M
Volatility (ann.): 365%

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

Performance

PRISMBTW

7 days-24.48%-44.93%PRISM
30 days-62.14%+73.36%BTW

Correlation

0.50over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5090d: 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	PRISM	BTW
Max drawdown (400d)	-95.1%	-60.7%
Risk-adjusted return (90d)	-0.11	0.43

Relative strength over 90 days: BTW outperformed PRISM by 92.9% — measured on the PRISM/BTW ratio, so it holds regardless of market direction.

Prism Assets →Bitway →