Rezor vs Bitway

Bitway (BTW) is 1340.8× the size of Rezor (RZR) by market capitalisation. Over the past 30 days, BTW is ahead by 133.0 percentage points (RZR -59.6% against BTW +73.4%). Their daily returns move barely in opposite directions (correlation -0.12 across 30 shared trading days). BTW has been the more volatile of the two, at 365% annualised against RZR's 157%.

Correlation: -0.12
Size ratio: 1 : 1340.8
Ahead over 30 days: BTW

RezorRZR

$2.851e-5

24h: -0.90%
Market cap: $1.23M
Volume 24h: $435
Volatility (ann.): 157%

BitwayBTW

$1.0940

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

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

Performance

RZRBTW

7 days-8.47%-44.93%RZR
30 days-59.62%+73.36%BTW

Correlation

-0.12over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1290d: 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)	-64.0%	-60.7%
Risk-adjusted return (90d)	-0.29	0.43

Relative strength over 90 days: BTW outperformed RZR by 77.1% — measured on the RZR/BTW ratio, so it holds regardless of market direction.

Rezor →Bitway →