TORUS vs Bitway

Bitway (BTW) is 18253.4× the size of TORUS (TORUS) by market capitalisation. Over the past 30 days, BTW is ahead by 59.5 percentage points (TORUS -14.1% against BTW +45.5%). Their daily returns move barely in opposite directions (correlation -0.20 across 24 shared trading days). BTW has been the more volatile of the two, at 362% annualised against TORUS's 143%.

Correlation: -0.20
Size ratio: 1 : 18253.4
Ahead over 30 days: BTW

TORUSTORUS

$0.005167

24h: +5.06%
Market cap: $84,439
Volume 24h: $287
Volatility (ann.): 143%

BitwayBTW

$1.0240

24h: -4.80%
Market cap: $1.54B
Volume 24h: $4.81M
Volatility (ann.): 362%

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

Performance

TORUSBTW

7 days-19.39%-40.12%TORUS
30 days-14.08%+45.45%BTW

Correlation

-0.20over 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	TORUS	BTW
Max drawdown (400d)	-30.6%	-60.7%
Risk-adjusted return (90d)	-0.17	0.48

Relative strength over 90 days: TORUS outperformed BTW by 48.8% — measured on the TORUS/BTW ratio, so it holds regardless of market direction.

TORUS →Bitway →