ZMINE vs Bitway

Bitway (BTW) is 1661.4× the size of ZMINE (ZMN) by market capitalisation. Over the past 30 days, BTW is ahead by 52.5 percentage points (ZMN -7.0% against BTW +45.5%). Their daily returns move barely together (correlation 0.10 across 24 shared trading days). BTW has been the more volatile of the two, at 362% annualised against ZMN's 33%.

Correlation: 0.10
Size ratio: 1 : 1661.4
Ahead over 30 days: BTW

ZMINEZMN

$0.008512

24h: +4.42%
Market cap: $994,102
Volume 24h: $1,075
Volatility (ann.): 33%

BitwayBTW

$1.0970

24h: +3.29%
Market cap: $1.65B
Volume 24h: $4.73M
Volatility (ann.): 362%

ZMN 0.1%Share of the two combined market caps99.9% BTW

Performance

ZMNBTW

7 days-1.71%-40.12%ZMN
30 days-7.04%+45.45%BTW

Correlation

0.10over 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	ZMN	BTW
Max drawdown (400d)	-10.7%	-60.7%
Risk-adjusted return (90d)	-0.07	0.48

Relative strength over 90 days: ZMN outperformed BTW by 61.6% — measured on the ZMN/BTW ratio, so it holds regardless of market direction.

ZMINE →Bitway →