Tradetomato vs Bitway

Bitway (BTW) is 6249.8× the size of Tradetomato (TTM) by market capitalisation. Over the past 30 days, BTW is ahead by 46.7 percentage points (TTM -1.3% against BTW +45.5%). Their daily returns move barely together (correlation 0.17 across 24 shared trading days). BTW has been the more volatile of the two, at 362% annualised against TTM's 5%.

Correlation: 0.17
Size ratio: 1 : 6249.8
Ahead over 30 days: BTW

TradetomatoTTM

$0.001575

24h: +1.39%
Market cap: $237,829
Volume 24h: $183
Volatility (ann.): 5%

BitwayBTW

$0.987116

24h: -11.29%
Market cap: $1.49B
Volume 24h: $3.66M
Volatility (ann.): 362%

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

Performance

TTMBTW

7 days-0.06%-40.12%TTM
30 days-1.26%+45.45%BTW

Correlation

0.17over 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	TTM	BTW
Max drawdown (400d)	-2.6%	-60.7%
Risk-adjusted return (90d)	-0.26	0.48

Relative strength over 90 days: TTM outperformed BTW by 67.4% — measured on the TTM/BTW ratio, so it holds regardless of market direction.

Tradetomato →Bitway →