Balance vs Venice Token

Venice Token (VVV) is 1703.0× the size of Balance (EPT) by market capitalisation. Over the past 30 days, VVV is ahead by 19.6 percentage points (EPT -22.4% against VVV -2.8%). Their daily returns move loosely together (correlation 0.46 across 28 shared trading days). VVV has been the more volatile of the two, at 170% annualised against EPT's 86%.

Correlation: 0.46
Size ratio: 1 : 1703.0
Ahead over 30 days: VVV

BalanceEPT

$0.000283

24h: +2.26%
Market cap: $655,345
Volume 24h: $210,487
Volatility (ann.): 86%

Venice TokenVVV

$22.8700

24h: +3.12%
Market cap: $1.12B
Volume 24h: $50.48M
Volatility (ann.): 170%

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

Performance

EPTVVV

7 days-3.58%-12.69%EPT
30 days-22.36%-2.78%VVV

Correlation

0.46over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4690d: 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	EPT	VVV
Max drawdown (400d)	-36.5%	-29.6%
Risk-adjusted return (90d)	-0.25	0.54

Relative strength over 90 days: VVV outperformed EPT by 40.5% — measured on the EPT/VVV ratio, so it holds regardless of market direction.

Balance →Venice Token →