BOOP vs Venice Token

Venice Token (VVV) is 936.2× the size of BOOP (BOOP) by market capitalisation. Over the past 30 days, VVV is ahead by 3.6 percentage points (BOOP -6.3% against VVV -2.8%). Their daily returns move loosely in opposite directions (correlation -0.40 across 20 shared trading days). VVV has been the more volatile of the two, at 170% annualised against BOOP's 7%.

Correlation: -0.40
Size ratio: 1 : 936.2
Ahead over 30 days: VVV

BOOPBOOP

$0.004005

24h: -0.30%
Market cap: $1.25M
Volume 24h: $52,615
Volatility (ann.): 7%

Venice TokenVVV

$24.0300

24h: +10.90%
Market cap: $1.17B
Volume 24h: $42.40M
Volatility (ann.): 170%

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

Performance

BOOPVVV

7 days-0.38%-12.69%BOOP
30 days-6.33%-2.78%VVV

Correlation

-0.40over 20 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	BOOP	VVV
Max drawdown (400d)	-6.5%	-29.6%
Risk-adjusted return (90d)	-0.91	0.54

Relative strength over 90 days: VVV outperformed BOOP by 42.0% — measured on the BOOP/VVV ratio, so it holds regardless of market direction.

BOOP →Venice Token →