RAMP [OLD] vs Bitway

Bitway (BTW) is 638.1× the size of RAMP [OLD] (RAMP) by market capitalisation. Over the past 30 days, BTW is ahead by 88.6 percentage points (RAMP -15.3% against BTW +73.4%). Their daily returns move barely in opposite directions (correlation -0.08 across 23 shared trading days). BTW has been the more volatile of the two, at 365% annualised against RAMP's 42%.

Correlation: -0.08
Size ratio: 1 : 638.1
Ahead over 30 days: BTW

RAMP [OLD]RAMP

$0.021233

24h: +0.11%
Market cap: $2.58M
Volume 24h: $252
Volatility (ann.): 42%

BitwayBTW

$1.0940

24h: +21.80%
Market cap: $1.65B
Volume 24h: $7.14M
Volatility (ann.): 365%

RAMP 0.2%Share of the two combined market caps99.8% BTW

Performance

RAMPBTW

7 days-4.63%-44.93%RAMP
30 days-15.27%+73.36%BTW

Correlation

-0.08over 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	RAMP	BTW
Max drawdown (400d)	-18.9%	-60.7%
Risk-adjusted return (90d)	-0.36	0.43

Relative strength over 90 days: RAMP outperformed BTW by 62.3% — measured on the RAMP/BTW ratio, so it holds regardless of market direction.

RAMP [OLD] →Bitway →