Sturdy vs Bitway

Bitway (BTW) is 18656.2× the size of Sturdy (STRDY) by market capitalisation. Over the past 30 days, BTW is ahead by 62.1 percentage points (STRDY -16.6% against BTW +45.5%). Their daily returns move loosely together (correlation 0.39 across 21 shared trading days). BTW has been the more volatile of the two, at 362% annualised against STRDY's 42%.

Correlation: 0.39
Size ratio: 1 : 18656.2
Ahead over 30 days: BTW

SturdySTRDY

$0.008961

24h: —
Market cap: $83,510
Volume 24h: $3
Volatility (ann.): 42%

BitwayBTW

$1.0350

24h: -4.90%
Market cap: $1.56B
Volume 24h: $5.16M
Volatility (ann.): 362%

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

Performance

STRDYBTW

7 days-3.95%-40.12%STRDY
30 days-16.61%+45.45%BTW

Correlation

0.39over 21 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	STRDY	BTW
Max drawdown (400d)	-21.6%	-60.7%
Risk-adjusted return (90d)	-0.52	0.48

Relative strength over 90 days: STRDY outperformed BTW by 61.5% — measured on the STRDY/BTW ratio, so it holds regardless of market direction.

Sturdy →Bitway →