StorX vs BitTorrent

BitTorrent (BTT) is 10.9× the size of StorX (SRX) by market capitalisation. Over the past 30 days, BTT is ahead by 17.0 percentage points (SRX -6.0% against BTT +11.0%). Their daily returns move loosely in opposite directions (correlation -0.40 across 44 shared trading days). BTT has been the more volatile of the two, at 50% annualised against SRX's 34%.

Correlation: -0.40
Size ratio: 1 : 10.9
Ahead over 30 days: BTT

StorXSRX

$0.052808

24h: +1.22%
Market cap: $32.10M
Volume 24h: $654,757
Volatility (ann.): 34%

BitTorrentBTT

$3.635e-7

24h: -1.04%
Market cap: $351.03M
Volume 24h: $29.89M
Volatility (ann.): 50%

SRX 8.4%Share of the two combined market caps91.6% BTT

Performance

SRXBTT

7 days-4.39%+0.84%BTT
30 days-6.03%+10.95%BTT

Correlation

-0.40over 44 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.3990d: 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	SRX	BTT
Max drawdown (400d)	-12.9%	-8.3%
Risk-adjusted return (90d)	0.05	0.81

Relative strength over 90 days: BTT outperformed SRX by 16.8% — measured on the SRX/BTT ratio, so it holds regardless of market direction.

StorX →BitTorrent →