Robot Money vs Bitway

Bitway (BTW) is 5615.6× the size of Robot Money (ROBOTMONEY) by market capitalisation. Over the past 30 days, BTW is ahead by 88.7 percentage points (ROBOTMONEY -15.3% against BTW +73.4%). Their daily returns move barely together (correlation 0.06 across 26 shared trading days). BTW has been the more volatile of the two, at 365% annualised against ROBOTMONEY's 138%.

Correlation: 0.06
Size ratio: 1 : 5615.6
Ahead over 30 days: BTW

Robot MoneyROBOTMONEY

$2.830e-6

24h: +2.18%
Market cap: $283,182
Volume 24h: $46,098
Volatility (ann.): 138%

BitwayBTW

$1.0550

24h: +1.72%
Market cap: $1.59B
Volume 24h: $6.45M
Volatility (ann.): 365%

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

Performance

ROBOTMONEYBTW

7 days-30.30%-44.93%ROBOTMONEY
30 days-15.35%+73.36%BTW

Correlation

0.06over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0690d: 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	ROBOTMONEY	BTW
Max drawdown (400d)	-41.0%	-60.7%
Risk-adjusted return (90d)	-0.20	0.43

Relative strength over 90 days: BTW outperformed ROBOTMONEY by 68.2% — measured on the ROBOTMONEY/BTW ratio, so it holds regardless of market direction.

Robot Money →Bitway →