AIR3 AIRewardrop vs Venice Token

Venice Token (VVV) is 9140.9× the size of AIR3 AIRewardrop (AIR3) by market capitalisation. Over the past 30 days, VVV is ahead by 45.1 percentage points (AIR3 -45.1% against VVV +0.0%). Their daily returns move barely together (correlation 0.13 across 23 shared trading days). VVV has been the more volatile of the two, at 169% annualised against AIR3's 58%.

Correlation: 0.13
Size ratio: 1 : 9140.9
Ahead over 30 days: VVV

AIR3 AIRewardropAIR3

$0.000119

24h: —
Market cap: $115,413
Volume 24h: $60
Volatility (ann.): 58%

Venice TokenVVV

$21.5700

24h: -9.65%
Market cap: $1.05B
Volume 24h: $48.59M
Volatility (ann.): 169%

AIR3 0.0%Share of the two combined market caps100.0% VVV

Performance

AIR3VVV

7 days-10.13%-9.39%VVV
30 days-45.13%+0.00%VVV

Correlation

0.13over 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	AIR3	VVV
Max drawdown (400d)	-47.0%	-29.6%
Risk-adjusted return (90d)	-0.76	0.50

Relative strength over 90 days: VVV outperformed AIR3 by 31.7% — measured on the AIR3/VVV ratio, so it holds regardless of market direction.

AIR3 AIRewardrop →Venice Token →