Triple Plus vs Bitway

Bitway (BTW) is 2125.8× the size of Triple Plus (TPT) by market capitalisation. Over the past 30 days, BTW is ahead by 168.0 percentage points (TPT -94.7% against BTW +73.4%). Their daily returns move loosely in opposite directions (correlation -0.37 across 26 shared trading days). Both have run at a similar volatility, around 343% annualised.

Correlation: -0.37
Size ratio: 1 : 2125.8
Ahead over 30 days: BTW

Triple PlusTPT

$0.008618

24h: +12.15%
Market cap: $735,831
Volume 24h: $10,611
Volatility (ann.): 321%

BitwayBTW

$1.0390

24h: +6.69%
Market cap: $1.56B
Volume 24h: $6.40M
Volatility (ann.): 365%

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

Performance

TPTBTW

7 days-79.47%-44.93%BTW
30 days-94.67%+73.36%BTW

Correlation

-0.37over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.3790d: 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	TPT	BTW
Max drawdown (400d)	-97.8%	-60.7%
Risk-adjusted return (90d)	-0.30	0.43

Relative strength over 90 days: BTW outperformed TPT by 98.7% — measured on the TPT/BTW ratio, so it holds regardless of market direction.

Triple Plus →Bitway →