Vestra DAO vs Bitway

Bitway (BTW) is 348.8× the size of Vestra DAO (VSTR) by market capitalisation. Over the past 30 days, BTW is ahead by 126.5 percentage points (VSTR -53.1% against BTW +73.4%). Their daily returns move barely in opposite directions (correlation -0.31 across 32 shared trading days). BTW has been the more volatile of the two, at 365% annualised against VSTR's 116%.

Correlation: -0.31
Size ratio: 1 : 348.8
Ahead over 30 days: BTW

Vestra DAOVSTR

$0.001548

24h: -0.37%
Market cap: $4.73M
Volume 24h: $3,880
Volatility (ann.): 116%

BitwayBTW

$1.0970

24h: +3.84%
Market cap: $1.65B
Volume 24h: $6.94M
Volatility (ann.): 365%

VSTR 0.3%Share of the two combined market caps99.7% BTW

Performance

VSTRBTW

7 days-1.14%-44.93%VSTR
30 days-53.12%+73.36%BTW

Correlation

-0.31over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.3090d: 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	VSTR	BTW
Max drawdown (400d)	-61.7%	-60.7%
Risk-adjusted return (90d)	-0.51	0.43

Relative strength over 90 days: BTW outperformed VSTR by 81.5% — measured on the VSTR/BTW ratio, so it holds regardless of market direction.

Vestra DAO →Bitway →