SquadSwap vs Bitway

SquadSwap (SQUAD) and Bitway (BTW) compared side by side. Over the past 30 days, BTW is ahead by 77.8 percentage points (SQUAD -4.4% against BTW +73.4%). Their daily returns move barely in opposite directions (correlation -0.05 across 23 shared trading days). BTW has been the more volatile of the two, at 365% annualised against SQUAD's 63%.

Correlation: -0.05
Ahead over 30 days: BTW

SquadSwapSQUAD

$0.020015

24h: -0.73%
Market cap: —
Volume 24h: $103
Volatility (ann.): 63%

BitwayBTW

$1.0810

24h: +4.98%
Market cap: $1.63B
Volume 24h: $6.74M
Volatility (ann.): 365%

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

Performance

SQUADBTW

7 days+5.84%-44.93%SQUAD
30 days-4.42%+73.36%BTW

Correlation

-0.05over 23 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	SQUAD	BTW
Max drawdown (400d)	-13.0%	-60.7%
Risk-adjusted return (90d)	0.11	0.43

Relative strength over 90 days: SQUAD outperformed BTW by 80.7% — measured on the SQUAD/BTW ratio, so it holds regardless of market direction.

SquadSwap →Bitway →