up vs Bitway

Bitway (BTW) is 405.3× the size of up (UP) by market capitalisation. Over the past 30 days, BTW is ahead by 173.4 percentage points (UP -100.0% against BTW +73.4%). Their daily returns move barely in opposite directions (correlation -0.03 across 23 shared trading days). UP has been the more volatile of the two, at 598% annualised against BTW's 365%.

Correlation: -0.03
Size ratio: 1 : 405.3
Ahead over 30 days: BTW

upUP

$0.165630

24h: +9.06%
Market cap: $4.20M
Volume 24h: $1.33M
Volatility (ann.): 598%

BitwayBTW

$1.1300

24h: +15.12%
Market cap: $1.70B
Volume 24h: $5.94M
Volatility (ann.): 365%

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

Performance

UPBTW

7 days-100.00%-44.93%BTW
30 days-100.00%+73.36%BTW

Correlation

-0.03over 23 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	UP	BTW
Max drawdown (400d)	-100.0%	-60.7%
Risk-adjusted return (90d)	-0.17	0.43

Relative strength over 90 days: BTW outperformed UP by 100.0% — measured on the UP/BTW ratio, so it holds regardless of market direction.

up →Bitway →