Teller vs Bitway

Bitway (BTW) is 90.8× the size of Teller (DEBIT) by market capitalisation. Over the past 30 days, BTW is ahead by 117.0 percentage points (DEBIT -43.7% against BTW +73.4%). Their daily returns move barely in opposite directions (correlation -0.02 across 40 shared trading days). BTW has been the more volatile of the two, at 365% annualised against DEBIT's 308%.

Correlation: -0.02
Size ratio: 1 : 90.8
Ahead over 30 days: BTW

TellerDEBIT

$1.0670

24h: -6.23%
Market cap: $18.38M
Volume 24h: $3.96M
Volatility (ann.): 308%

BitwayBTW

$1.1100

24h: +23.07%
Market cap: $1.67B
Volume 24h: $7.07M
Volatility (ann.): 365%

DEBIT 1.1%Share of the two combined market caps98.9% BTW

Performance

DEBITBTW

7 days+2.65%-44.93%DEBIT
30 days-43.69%+73.36%BTW

Correlation

-0.02over 40 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0590d: 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	DEBIT	BTW
Max drawdown (400d)	-70.0%	-60.7%
Risk-adjusted return (90d)	-0.01	0.43

Relative strength over 90 days: BTW outperformed DEBIT by 60.0% — measured on the DEBIT/BTW ratio, so it holds regardless of market direction.

Teller →Bitway →