Altered State Machine vs Venice Token

Venice Token (VVV) is 1577.5× the size of Altered State Machine (ASTO) by market capitalisation. Over the past 30 days, VVV is ahead by 3.5 percentage points (ASTO -6.2% against VVV -2.8%). Their daily returns move barely in opposite directions (correlation -0.20 across 24 shared trading days). VVV has been the more volatile of the two, at 170% annualised against ASTO's 9%.

Correlation: -0.20
Size ratio: 1 : 1577.5
Ahead over 30 days: VVV

Altered State MachineASTO

$0.002324

24h: —
Market cap: $672,627
Volume 24h: $220
Volatility (ann.): 9%

Venice TokenVVV

$21.7300

24h: -4.84%
Market cap: $1.06B
Volume 24h: $52.31M
Volatility (ann.): 170%

ASTO 0.1%Share of the two combined market caps99.9% VVV

Performance

ASTOVVV

7 days-2.57%-12.69%ASTO
30 days-6.24%-2.78%VVV

Correlation

-0.20over 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	ASTO	VVV
Max drawdown (400d)	-6.3%	-29.6%
Risk-adjusted return (90d)	-0.69	0.54

Relative strength over 90 days: VVV outperformed ASTO by 28.7% — measured on the ASTO/VVV ratio, so it holds regardless of market direction.

Altered State Machine →Venice Token →