PulseBitcoin (PulseChain) vs Bitway

Bitway (BTW) is 4451.6× the size of PulseBitcoin (PulseChain) (PLSB) by market capitalisation. Over the past 30 days, BTW is ahead by 98.5 percentage points (PLSB -25.1% against BTW +73.4%). Their daily returns move barely in opposite directions (correlation -0.24 across 23 shared trading days). BTW has been the more volatile of the two, at 365% annualised against PLSB's 158%.

Correlation: -0.24
Size ratio: 1 : 4451.6
Ahead over 30 days: BTW

PulseBitcoin (PulseChain)PLSB

$0.017278

24h: +3.33%
Market cap: $346,383
Volume 24h: $250
Volatility (ann.): 158%

BitwayBTW

$1.0250

24h: +11.29%
Market cap: $1.54B
Volume 24h: $6.94M
Volatility (ann.): 365%

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

Performance

PLSBBTW

7 days+8.68%-44.93%PLSB
30 days-25.11%+73.36%BTW

Correlation

-0.24over 23 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	PLSB	BTW
Max drawdown (400d)	-50.2%	-60.7%
Risk-adjusted return (90d)	-0.21	0.43

Relative strength over 90 days: PLSB outperformed BTW by 16.1% — measured on the PLSB/BTW ratio, so it holds regardless of market direction.

PulseBitcoin (PulseChain) →Bitway →