WhiteBIT Coin vs Hedera
WhiteBIT Coin (WBT) is 2.4× the size of Hedera (HBAR) by market capitalisation. Their daily returns move closely together (correlation 0.64 across 31 shared trading days). Both have run at a similar volatility, around 70% annualised.
Performance
| Period | WBT | HBAR | Ahead |
|---|---|---|---|
| 7 days | -2.10% | +33.36% | HBAR |
| 30 days | +45.54% | +24.17% | WBT |
| 90 days | — | +31.00% | — |
| 1 year | — | -55.40% | — |
Risk & extremes
| Metric | WBT | HBAR |
|---|---|---|
| Max drawdown (400d) | -4.0% | -74.8% |
| Risk-adjusted return (90d) | 0.64 | 0.59 |
| Best 30 days (past year) | — | +24.2% |
| Worst 30 days (past year) | — | -39.4% |
Relative strength over 90 days: WBT outperformed HBAR by 26.6% — measured on the WBT/HBAR ratio, so it holds regardless of market direction.
Correlation
0.64over 31 shared trading days
7d: insufficient data30d: 0.6490d: 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.