Venice Token (VVV) is 29658.5× the size of Artificial CZ (AICZ) by market capitalisation. Their daily returns move barely together (correlation 0.17 across 30 shared trading days). VVV has been the more volatile of the two, at 168% annualised against AICZ's 126%.
AICZVVV
0.17over 30 shared trading days
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.
| Metric | AICZ | VVV |
|---|---|---|
| Max drawdown (400d) | -86.6% | -31.1% |
| Risk-adjusted return (90d) | -0.53 | 0.45 |
Relative strength over 90 days: VVV outperformed AICZ by 79.3% — measured on the AICZ/VVV ratio, so it holds regardless of market direction.