BIDZ Coin vs VERONICA by Virtuals

BIDZ Coin (BIDZ) is 36.6× the size of VERONICA by Virtuals (VERONICA) by market capitalisation. Over the past 90 days, BIDZ is ahead by 67.5 percentage points (BIDZ +57.2% against VERONICA -10.3%). Their daily returns move barely together (correlation 0.13 across 115 shared trading days). BIDZ has been the more volatile of the two, at 125% annualised against VERONICA's 100%.

Correlation: 0.13
Size ratio: 36.6×
Ahead over 90 days: BIDZ

BIDZ CoinBIDZ

$0.001514

24h: —
Market cap: $6.21M
Volume 24h: $883
Volatility (ann.): 125%

VERONICA by VirtualsVERONICA

$0.000170

24h: —
Market cap: $169,684
Volume 24h: $3
Volatility (ann.): 100%

BIDZ 97.3%Share of the two combined market caps2.7% VERONICA

Performance

BIDZVERONICA

7 days+70.55%+15.83%BIDZ
30 days+44.76%+45.96%VERONICA
90 days+57.17%-10.31%BIDZ

Correlation

0.13over 115 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4590d: 0.181y: 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	BIDZ	VERONICA
Max drawdown (400d)	-48.9%	-69.5%
Risk-adjusted return (90d)	0.46	-0.10

Relative strength over 90 days: BIDZ outperformed VERONICA by 119.8% — measured on the BIDZ/VERONICA ratio, so it holds regardless of market direction.

BIDZ Coin →VERONICA by Virtuals →