Roco Finance vs Bitway

Bitway (BTW) is 2034.0× the size of Roco Finance (ROCO) by market capitalisation. Over the past 30 days, BTW is ahead by 100.8 percentage points (ROCO -27.4% against BTW +73.4%). Their daily returns move loosely in opposite directions (correlation -0.40 across 26 shared trading days). BTW has been the more volatile of the two, at 365% annualised against ROCO's 231%.

Correlation: -0.40
Size ratio: 1 : 2034.0
Ahead over 30 days: BTW

Roco FinanceROCO

$0.008307

24h: +0.14%
Market cap: $767,986
Volume 24h: $8
Volatility (ann.): 231%

BitwayBTW

$1.0370

24h: +7.59%
Market cap: $1.56B
Volume 24h: $6.47M
Volatility (ann.): 365%

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

Performance

ROCOBTW

7 days-43.16%-44.93%ROCO
30 days-27.45%+73.36%BTW

Correlation

-0.40over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.4090d: 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	ROCO	BTW
Max drawdown (400d)	-66.7%	-60.7%
Risk-adjusted return (90d)	-0.10	0.43

Relative strength over 90 days: BTW outperformed ROCO by 67.4% — measured on the ROCO/BTW ratio, so it holds regardless of market direction.

Roco Finance →Bitway →