SAFEbit vs WhiteBIT Coin

WhiteBIT Coin (WBT) is 662.7× the size of SAFEbit (SAFE) by market capitalisation. Over the past 30 days, WBT is ahead by 53.7 percentage points (SAFE -60.5% against WBT -6.8%). Their daily returns move barely together (correlation 0.15 across 31 shared trading days). SAFE has been the more volatile of the two, at 259% annualised against WBT's 59%.

Correlation: 0.15
Size ratio: 1 : 662.7
Ahead over 30 days: WBT

SAFEbitSAFE

$0.019573

24h: -1.18%
Market cap: $13.95M
Volume 24h: $39,803
Volatility (ann.): 259%

WhiteBIT CoinWBT

$77.8700

24h: +4.74%
Market cap: $9.24B
Volume 24h: $166.84M
Volatility (ann.): 59%

SAFE 0.2%Share of the two combined market caps99.8% WBT

Performance

SAFEWBT

7 days-14.95%-3.75%WBT
30 days-60.52%-6.78%WBT

Correlation

0.15over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1590d: 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	SAFE	WBT
Max drawdown (400d)	-79.8%	-12.4%
Risk-adjusted return (90d)	-0.23	0.62

Relative strength over 90 days: WBT outperformed SAFE by 70.2% — measured on the SAFE/WBT ratio, so it holds regardless of market direction.

SAFEbit →WhiteBIT Coin →