RIV Coin vs Bitway

Bitway (BTW) is 225.3× the size of RIV Coin (RIV) by market capitalisation. Over the past 30 days, BTW is ahead by 103.3 percentage points (RIV -30.0% against BTW +73.4%). Their daily returns move barely in opposite directions (correlation -0.11 across 32 shared trading days). BTW has been the more volatile of the two, at 365% annualised against RIV's 82%.

Correlation: -0.11
Size ratio: 1 : 225.3
Ahead over 30 days: BTW

RIV CoinRIV

$0.003165

24h: -1.44%
Market cap: $7.46M
Volume 24h: $362,306
Volatility (ann.): 82%

BitwayBTW

$1.1200

24h: +13.05%
Market cap: $1.68B
Volume 24h: $6.14M
Volatility (ann.): 365%

RIV 0.4%Share of the two combined market caps99.6% BTW

Performance

RIVBTW

7 days-4.65%-44.93%RIV
30 days-29.96%+73.36%BTW

Correlation

-0.11over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1090d: 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	RIV	BTW
Max drawdown (400d)	-31.9%	-60.7%
Risk-adjusted return (90d)	-0.29	0.43

Relative strength over 90 days: BTW outperformed RIV by 65.2% — measured on the RIV/BTW ratio, so it holds regardless of market direction.

RIV Coin →Bitway →