Retik Finance (RETIK) and Bitway (BTW) compared side by side. Over the past 30 days, BTW is ahead by 84.4 percentage points (RETIK -11.0% against BTW +73.4%). Their daily returns move barely together (correlation 0.27 across 20 shared trading days). BTW has been the more volatile of the two, at 365% annualised against RETIK's 39%.
RETIKBTW
0.27over 20 shared trading days
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.
| Metric | RETIK | BTW |
|---|---|---|
| Max drawdown (400d) | -13.9% | -60.7% |
| Risk-adjusted return (90d) | -0.28 | 0.43 |
Relative strength over 90 days: RETIK outperformed BTW by 47.0% — measured on the RETIK/BTW ratio, so it holds regardless of market direction.