SkyAI vs Bitway

Bitway (BTW) is 54.7× the size of SkyAI (SKYAI) by market capitalisation. Over the past 30 days, BTW is ahead by 115.2 percentage points (SKYAI -41.9% against BTW +73.4%). Their daily returns move barely in opposite directions (correlation -0.35 across 50 shared trading days). BTW has been the more volatile of the two, at 365% annualised against SKYAI's 152%.

Correlation: -0.35
Size ratio: 1 : 54.7
Ahead over 30 days: BTW

SkyAISKYAI

$0.029282

24h: -1.00%
Market cap: $29.23M
Volume 24h: $3.87M
Volatility (ann.): 152%

BitwayBTW

$1.0630

24h: +1.06%
Market cap: $1.60B
Volume 24h: $5.81M
Volatility (ann.): 365%

SKYAI 1.8%Share of the two combined market caps98.2% BTW

Performance

SKYAIBTW

7 days-14.50%-44.93%SKYAI
30 days-41.87%+73.36%BTW

Correlation

-0.35over 50 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.5690d: 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	SKYAI	BTW
Max drawdown (400d)	-64.1%	-60.7%
Risk-adjusted return (90d)	-0.41	0.43

Relative strength over 90 days: BTW outperformed SKYAI by 84.1% — measured on the SKYAI/BTW ratio, so it holds regardless of market direction.

SkyAI →Bitway →