Vision vs Bitway

Bitway (BTW) is 12.1× the size of Vision (VSN) by market capitalisation. Over the past 30 days, BTW is ahead by 87.9 percentage points (VSN -14.5% against BTW +73.4%). Their daily returns move barely together (correlation 0.21 across 56 shared trading days). BTW has been the more volatile of the two, at 365% annualised against VSN's 40%.

Correlation: 0.21
Size ratio: 1 : 12.1
Ahead over 30 days: BTW

VisionVSN

$0.035567

24h: +0.82%
Market cap: $136.26M
Volume 24h: $2.89M
Volatility (ann.): 40%

BitwayBTW

$1.0940

24h: +21.80%
Market cap: $1.65B
Volume 24h: $7.14M
Volatility (ann.): 365%

VSN 7.6%Share of the two combined market caps92.4% BTW

Performance

VSNBTW

7 days-8.45%-44.93%VSN
30 days-14.54%+73.36%BTW

Correlation

0.21over 56 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3590d: 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	VSN	BTW
Max drawdown (400d)	-21.2%	-60.7%
Risk-adjusted return (90d)	-0.03	0.43

Relative strength over 90 days: BTW outperformed VSN by 63.5% — measured on the VSN/BTW ratio, so it holds regardless of market direction.

Vision →Bitway →