Sanctum vs Bitway

Bitway (BTW) is 70.4× the size of Sanctum (SANC) by market capitalisation. Over the past 30 days, BTW is ahead by 39.5 percentage points (SANC +6.0% against BTW +45.5%). Their daily returns move barely together (correlation 0.21 across 35 shared trading days). BTW has been the more volatile of the two, at 362% annualised against SANC's 157%.

Correlation: 0.21
Size ratio: 1 : 70.4
Ahead over 30 days: BTW

SanctumSANC

$0.043948

24h: +0.46%
Market cap: $21.78M
Volume 24h: $60,313
Volatility (ann.): 157%

BitwayBTW

$1.0180

24h: +5.87%
Market cap: $1.53B
Volume 24h: $6.38M
Volatility (ann.): 362%

SANC 1.4%Share of the two combined market caps98.6% BTW

Performance

SANCBTW

7 days-9.88%-40.12%SANC
30 days+5.98%+45.45%BTW

Correlation

0.21over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2190d: 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	SANC	BTW
Max drawdown (400d)	-34.4%	-60.7%
Risk-adjusted return (90d)	0.53	0.48

Relative strength over 90 days: BTW outperformed SANC by 24.6% — measured on the SANC/BTW ratio, so it holds regardless of market direction.

Sanctum →Bitway →