Bowyer App by Virtuals vs Venice Token

Venice Token (VVV) is 56394.4× the size of Bowyer App by Virtuals (BOWYER) by market capitalisation. Over the past 30 days, VVV is ahead by 66.3 percentage points (BOWYER -66.3% against VVV +0.0%). Their daily returns move barely together (correlation 0.20 across 23 shared trading days). VVV has been the more volatile of the two, at 169% annualised against BOWYER's 115%.

Correlation: 0.20
Size ratio: 1 : 56394.4
Ahead over 30 days: VVV

Bowyer App by VirtualsBOWYER

$1.814e-5

24h: +2.13%
Market cap: $18,139
Volume 24h: $1,872
Volatility (ann.): 115%

Venice TokenVVV

$20.9200

24h: -4.73%
Market cap: $1.02B
Volume 24h: $46.64M
Volatility (ann.): 169%

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

Performance

BOWYERVVV

7 days-13.96%-9.39%VVV
30 days-66.34%+0.00%VVV

Correlation

0.20over 23 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	BOWYER	VVV
Max drawdown (400d)	-67.0%	-29.6%
Risk-adjusted return (90d)	-0.57	0.50

Relative strength over 90 days: VVV outperformed BOWYER by 42.1% — measured on the BOWYER/VVV ratio, so it holds regardless of market direction.

Bowyer App by Virtuals →Venice Token →