Alchemist AI vs Pieverse

Pieverse (PIEVERSE) is 8.5× the size of Alchemist AI (ALCH) by market capitalisation. Over the past 30 days, PIEVERSE is ahead by 0.2 percentage points (ALCH -5.1% against PIEVERSE -4.9%). Their daily returns move closely together (correlation 0.68 across 46 shared trading days). ALCH has been the more volatile of the two, at 186% annualised against PIEVERSE's 145%.

Correlation: 0.68
Size ratio: 1 : 8.5
Ahead over 30 days: PIEVERSE

Alchemist AIALCH

$0.037969

24h: +4.15%
Market cap: $37.97M
Volume 24h: $1.15M
Volatility (ann.): 186%

PieversePIEVERSE

$1.1800

24h: +1.52%
Market cap: $324.21M
Volume 24h: $7.08M
Volatility (ann.): 145%

ALCH 10.5%Share of the two combined market caps89.5% PIEVERSE

Performance

ALCHPIEVERSE

7 days+0.87%+10.79%PIEVERSE
30 days-5.11%-4.92%PIEVERSE

Correlation

0.68over 46 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.7690d: 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	ALCH	PIEVERSE
Max drawdown (400d)	-40.5%	-38.7%
Risk-adjusted return (90d)	0.22	0.25

Relative strength over 90 days: ALCH outperformed PIEVERSE by 14.4% — measured on the ALCH/PIEVERSE ratio, so it holds regardless of market direction.

Alchemist AI →Pieverse →