RigoBlock vs Bitway

Bitway (BTW) is 1916.1× the size of RigoBlock (GRG) by market capitalisation. Over the past 30 days, BTW is ahead by 145.2 percentage points (GRG -71.9% against BTW +73.4%). Their daily returns move barely together (correlation 0.34 across 29 shared trading days). BTW has been the more volatile of the two, at 365% annualised against GRG's 200%.

Correlation: 0.34
Size ratio: 1 : 1916.1
Ahead over 30 days: BTW

RigoBlockGRG

$0.120791

24h: +2.92%
Market cap: $898,781
Volume 24h: $4
Volatility (ann.): 200%

BitwayBTW

$1.1400

24h: +16.08%
Market cap: $1.72B
Volume 24h: $6.48M
Volatility (ann.): 365%

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

Performance

GRGBTW

7 days-52.03%-44.93%BTW
30 days-71.89%+73.36%BTW

Correlation

0.34over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3490d: 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	GRG	BTW
Max drawdown (400d)	-75.8%	-60.7%
Risk-adjusted return (90d)	-0.35	0.43

Relative strength over 90 days: BTW outperformed GRG by 87.5% — measured on the GRG/BTW ratio, so it holds regardless of market direction.

RigoBlock →Bitway →