Basemate vs Venice Token

Venice Token (VVV) is 9291.8× the size of Basemate (BASEMATE) by market capitalisation. Over the past 30 days, VVV is ahead by 45.7 percentage points (BASEMATE -45.7% against VVV +0.0%). Their daily returns move barely together (correlation 0.18 across 27 shared trading days). BASEMATE has been the more volatile of the two, at 308% annualised against VVV's 169%.

Correlation: 0.18
Size ratio: 1 : 9291.8
Ahead over 30 days: VVV

BasemateBASEMATE

$1.140e-6

24h: +9.40%
Market cap: $114,056
Volume 24h: $7,540
Volatility (ann.): 308%

Venice TokenVVV

$21.6700

24h: -6.55%
Market cap: $1.06B
Volume 24h: $47.27M
Volatility (ann.): 169%

BASEMATE 0.0%Share of the two combined market caps100.0% VVV

Performance

BASEMATEVVV

7 days-14.99%-9.39%VVV
30 days-45.74%+0.00%VVV

Correlation

0.18over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1890d: 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	BASEMATE	VVV
Max drawdown (400d)	-55.6%	-29.6%
Risk-adjusted return (90d)	-0.12	0.50

Relative strength over 90 days: VVV outperformed BASEMATE by 53.1% — measured on the BASEMATE/VVV ratio, so it holds regardless of market direction.

Basemate →Venice Token →