Rezerve Money vs Bitway

Bitway (BTW) is 2040.7× the size of Rezerve Money (RZR) by market capitalisation. Over the past 30 days, BTW is ahead by 82.3 percentage points (RZR -8.9% against BTW +73.4%). Their daily returns move barely in opposite directions (correlation -0.11 across 28 shared trading days). BTW has been the more volatile of the two, at 365% annualised against RZR's 42%.

Correlation: -0.11
Size ratio: 1 : 2040.7
Ahead over 30 days: BTW

Rezerve MoneyRZR

$0.554593

24h: -0.01%
Market cap: $814,786
Volume 24h: $49
Volatility (ann.): 42%

BitwayBTW

$1.1000

24h: +13.05%
Market cap: $1.66B
Volume 24h: $5.85M
Volatility (ann.): 365%

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

Performance

RZRBTW

7 days-2.65%-44.93%RZR
30 days-8.91%+73.36%BTW

Correlation

-0.11over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1190d: 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	RZR	BTW
Max drawdown (400d)	-12.7%	-60.7%
Risk-adjusted return (90d)	-0.20	0.43

Relative strength over 90 days: BTW outperformed RZR by 61.1% — measured on the RZR/BTW ratio, so it holds regardless of market direction.

Rezerve Money →Bitway →