VitaDAO vs Bitway

Bitway (BTW) is 371.9× the size of VitaDAO (VITA) by market capitalisation. Over the past 30 days, BTW is ahead by 94.8 percentage points (VITA -21.5% against BTW +73.4%). Their daily returns move loosely together (correlation 0.37 across 32 shared trading days). BTW has been the more volatile of the two, at 365% annualised against VITA's 135%.

Correlation: 0.37
Size ratio: 1 : 371.9
Ahead over 30 days: BTW

VitaDAOVITA

$0.168185

24h: -0.75%
Market cap: $4.43M
Volume 24h: $732
Volatility (ann.): 135%

BitwayBTW

$1.0940

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

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

Performance

VITABTW

7 days-5.43%-44.93%VITA
30 days-21.48%+73.36%BTW

Correlation

0.37over 32 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	VITA	BTW
Max drawdown (400d)	-42.1%	-60.7%
Risk-adjusted return (90d)	-0.19	0.43

Relative strength over 90 days: BTW outperformed VITA by 66.2% — measured on the VITA/BTW ratio, so it holds regardless of market direction.

VitaDAO →Bitway →