ZINC vs Bitway

Bitway (BTW) is 69221.1× the size of ZINC (ZINC) by market capitalisation. Over the past 30 days, BTW is ahead by 113.2 percentage points (ZINC -67.8% against BTW +45.5%). Their daily returns move loosely together (correlation 0.38 across 24 shared trading days). BTW has been the more volatile of the two, at 362% annualised against ZINC's 207%.

Correlation: 0.38
Size ratio: 1 : 69221.1
Ahead over 30 days: BTW

ZINCZINC

$0.103111

24h: +5.28%
Market cap: $24,022
Volume 24h: $165
Volatility (ann.): 207%

BitwayBTW

$1.1000

24h: +4.97%
Market cap: $1.66B
Volume 24h: $4.75M
Volatility (ann.): 362%

ZINC 0.0%Share of the two combined market caps100.0% BTW

Performance

ZINCBTW

7 days-11.69%-40.12%ZINC
30 days-67.77%+45.45%BTW

Correlation

0.38over 24 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	ZINC	BTW
Max drawdown (400d)	-79.4%	-60.7%
Risk-adjusted return (90d)	-0.37	0.48

Relative strength over 90 days: ZINC outperformed BTW by 5.2% — measured on the ZINC/BTW ratio, so it holds regardless of market direction.

ZINC →Bitway →