XBorg vs Bitway

Bitway (BTW) is 301.7× the size of XBorg (XBG) by market capitalisation. Over the past 30 days, BTW is ahead by 103.9 percentage points (XBG -30.6% against BTW +73.4%). Their daily returns move barely in opposite directions (correlation -0.20 across 31 shared trading days). BTW has been the more volatile of the two, at 365% annualised against XBG's 104%.

Correlation: -0.20
Size ratio: 1 : 301.7
Ahead over 30 days: BTW

XBorgXBG

$0.010923

24h: -0.19%
Market cap: $5.71M
Volume 24h: $10,148
Volatility (ann.): 104%

BitwayBTW

$1.1400

24h: +16.08%
Market cap: $1.72B
Volume 24h: $6.48M
Volatility (ann.): 365%

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

Performance

XBGBTW

7 days+3.93%-44.93%XBG
30 days-30.56%+73.36%BTW

Correlation

-0.20over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2090d: 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	XBG	BTW
Max drawdown (400d)	-38.6%	-60.7%
Risk-adjusted return (90d)	-0.29	0.43

Relative strength over 90 days: BTW outperformed XBG by 67.9% — measured on the XBG/BTW ratio, so it holds regardless of market direction.

XBorg →Bitway →