Auto Finance vs Bitway

Bitway (BTW) is 539.2× the size of Auto Finance (AUTO) by market capitalisation. Over the past 30 days, BTW is ahead by 115.4 percentage points (AUTO -42.0% against BTW +73.4%). Their daily returns move loosely together (correlation 0.55 across 30 shared trading days). BTW has been the more volatile of the two, at 365% annualised against AUTO's 150%.

Correlation: 0.55
Size ratio: 1 : 539.2
Ahead over 30 days: BTW

Auto FinanceAUTO

$0.028727

24h: -2.41%
Market cap: $2.87M
Volume 24h: $4,303
Volatility (ann.): 150%

BitwayBTW

$1.0290

24h: +12.09%
Market cap: $1.55B
Volume 24h: $6.92M
Volatility (ann.): 365%

AUTO 0.2%Share of the two combined market caps99.8% BTW

Performance

AUTOBTW

7 days-24.60%-44.93%AUTO
30 days-42.02%+73.36%BTW

Correlation

0.55over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5590d: 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	AUTO	BTW
Max drawdown (400d)	-54.3%	-60.7%
Risk-adjusted return (90d)	-0.27	0.43

Relative strength over 90 days: BTW outperformed AUTO by 74.9% — measured on the AUTO/BTW ratio, so it holds regardless of market direction.

Auto Finance →Bitway →