Sai vs Bitway

Bitway (BTW) is 47.0× the size of Sai (SAI) by market capitalisation. Over the past 30 days, BTW is ahead by 83.1 percentage points (SAI -9.8% against BTW +73.4%). Their daily returns move barely in opposite directions (correlation -0.09 across 46 shared trading days). BTW has been the more volatile of the two, at 365% annualised against SAI's 48%.

Correlation: -0.09
Size ratio: 1 : 47.0
Ahead over 30 days: BTW

SaiSAI

$12.7600

24h: +5.23%
Market cap: $33.83M
Volume 24h: $2
Volatility (ann.): 48%

BitwayBTW

$1.0550

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

SAI 2.1%Share of the two combined market caps97.9% BTW

Performance

SAIBTW

7 days-2.27%-44.93%SAI
30 days-9.75%+73.36%BTW

Correlation

-0.09over 46 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0790d: 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	SAI	BTW
Max drawdown (400d)	-16.9%	-60.7%
Risk-adjusted return (90d)	-0.14	0.43

Relative strength over 90 days: BTW outperformed SAI by 56.1% — measured on the SAI/BTW ratio, so it holds regardless of market direction.

Sai →Bitway →