Stable vs Bitway

Bitway (BTW) is 1722.6× the size of Stable (STABLE) by market capitalisation. Over the past 30 days, BTW is ahead by 64.6 percentage points (STABLE +8.8% against BTW +73.4%). Their daily returns move barely together (correlation 0.15 across 20 shared trading days). BTW has been the more volatile of the two, at 365% annualised against STABLE's 251%.

Correlation: 0.15
Size ratio: 1 : 1722.6
Ahead over 30 days: BTW

StableSTABLE

$0.899641

24h: +5.69%
Market cap: $899,641
Volume 24h: $20
Volatility (ann.): 251%

BitwayBTW

$1.0290

24h: +6.10%
Market cap: $1.55B
Volume 24h: $6.39M
Volatility (ann.): 365%

STABLE 0.1%Share of the two combined market caps99.9% BTW

Performance

STABLEBTW

7 days+27.64%-44.93%STABLE
30 days+8.77%+73.36%BTW

Correlation

0.15over 20 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	STABLE	BTW
Max drawdown (400d)	-25.0%	-60.7%
Risk-adjusted return (90d)	0.03	0.43

Relative strength over 90 days: BTW outperformed STABLE by 60.0% — measured on the STABLE/BTW ratio, so it holds regardless of market direction.

Stable →Bitway →