ZRDAO Token vs Bitway

Bitway (BTW) is 1087.0× the size of ZRDAO Token (ZRT) by market capitalisation. Over the past 30 days, BTW is ahead by 139.1 percentage points (ZRT -65.7% against BTW +73.4%). Their daily returns move barely together (correlation 0.12 across 23 shared trading days). BTW has been the more volatile of the two, at 365% annualised against ZRT's 172%.

Correlation: 0.12
Size ratio: 1 : 1087.0
Ahead over 30 days: BTW

ZRDAO TokenZRT

$0.006818

24h: —
Market cap: $1.54M
Volume 24h: —
Volatility (ann.): 172%

BitwayBTW

$1.1100

24h: +23.07%
Market cap: $1.67B
Volume 24h: $7.07M
Volatility (ann.): 365%

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

Performance

ZRTBTW

7 days-38.48%-44.93%ZRT
30 days-65.70%+73.36%BTW

Correlation

0.12over 23 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	ZRT	BTW
Max drawdown (400d)	-66.3%	-60.7%
Risk-adjusted return (90d)	-0.38	0.43

Relative strength over 90 days: BTW outperformed ZRT by 85.6% — measured on the ZRT/BTW ratio, so it holds regardless of market direction.

ZRDAO Token →Bitway →