ALTDeer vs Verus

Verus (VRSC) is 3.3× the size of ALTDeer (ALT) by market capitalisation. Over the past 30 days, VRSC is ahead by 25.6 percentage points (ALT -14.4% against VRSC +11.2%). Their daily returns move barely together (correlation 0.12 across 29 shared trading days). VRSC has been the more volatile of the two, at 235% annualised against ALT's 64%.

Correlation: 0.12
Size ratio: 1 : 3.3
Ahead over 30 days: VRSC

ALTDeerALT

$0.008300

24h: —
Market cap: $4.32M
Volume 24h: —
Volatility (ann.): 64%

VerusVRSC

$0.174401

24h: +0.70%
Market cap: $14.13M
Volume 24h: $108
Volatility (ann.): 235%

ALT 23.4%Share of the two combined market caps76.6% VRSC

Performance

ALTVRSC

7 days-16.15%-0.41%VRSC
30 days-14.39%+11.19%VRSC

Correlation

0.12over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1290d: 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	ALT	VRSC
Max drawdown (400d)	-21.8%	-37.3%
Risk-adjusted return (90d)	-0.18	0.05

Relative strength over 90 days: ALT outperformed VRSC by 2.7% — measured on the ALT/VRSC ratio, so it holds regardless of market direction.

ALTDeer →Verus →