ThreeFold vs BitTorrent

ThreeFold (TFT) and BitTorrent (BTT) compared side by side. Over the past 30 days, BTT is ahead by 52.1 percentage points (TFT -41.7% against BTT +10.4%). Their daily returns move barely together (correlation 0.13 across 24 shared trading days). TFT has been the more volatile of the two, at 66% annualised against BTT's 50%.

Correlation: 0.13
Ahead over 30 days: BTT

ThreeFoldTFT

$0.003568

24h: -0.27%
Market cap: —
Volume 24h: $335
Volatility (ann.): 66%

BitTorrentBTT

$3.642e-7

24h: -0.52%
Market cap: $351.61M
Volume 24h: $30.40M
Volatility (ann.): 50%

TFT 0.0%Share of the two combined market caps100.0% BTT

Performance

TFTBTT

7 days-2.11%-0.23%BTT
30 days-41.67%+10.39%BTT

Correlation

0.13over 24 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	TFT	BTT
Max drawdown (400d)	-44.1%	-8.3%
Risk-adjusted return (90d)	-0.66	0.80

Relative strength over 90 days: BTT outperformed TFT by 36.9% — measured on the TFT/BTT ratio, so it holds regardless of market direction.

ThreeFold →BitTorrent →