RocketFi vs Bitway

Bitway (BTW) is 7281.0× the size of RocketFi (ROCKETFI) by market capitalisation. Over the past 30 days, BTW is ahead by 59.5 percentage points (ROCKETFI -14.0% against BTW +45.5%). Their daily returns move barely in opposite directions (correlation -0.02 across 24 shared trading days). BTW has been the more volatile of the two, at 362% annualised against ROCKETFI's 42%.

Correlation: -0.02
Size ratio: 1 : 7281.0
Ahead over 30 days: BTW

RocketFiROCKETFI

$3.989e-7

24h: +4.74%
Market cap: $212,072
Volume 24h: $314
Volatility (ann.): 42%

BitwayBTW

$1.0260

24h: -2.98%
Market cap: $1.54B
Volume 24h: $5.30M
Volatility (ann.): 362%

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

Performance

ROCKETFIBTW

7 days-2.92%-40.12%ROCKETFI
30 days-14.04%+45.45%BTW

Correlation

-0.02over 24 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	ROCKETFI	BTW
Max drawdown (400d)	-16.9%	-60.7%
Risk-adjusted return (90d)	-0.30	0.48

Relative strength over 90 days: ROCKETFI outperformed BTW by 53.9% — measured on the ROCKETFI/BTW ratio, so it holds regardless of market direction.

RocketFi →Bitway →