Cakepie vs Venice Token

Venice Token (VVV) is 672.2× the size of Cakepie (CKP) by market capitalisation. Over the past 30 days, VVV is ahead by 5.2 percentage points (CKP -7.9% against VVV -2.8%). Their daily returns move barely together (correlation 0.15 across 29 shared trading days). VVV has been the more volatile of the two, at 170% annualised against CKP's 61%.

Correlation: 0.15
Size ratio: 1 : 672.2
Ahead over 30 days: VVV

CakepieCKP

$0.517085

24h: -0.51%
Market cap: $1.67M
Volume 24h: $173
Volatility (ann.): 61%

Venice TokenVVV

$22.9900

24h: +3.64%
Market cap: $1.12B
Volume 24h: $40.61M
Volatility (ann.): 170%

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

Performance

CKPVVV

7 days+0.10%-12.69%CKP
30 days-7.95%-2.78%VVV

Correlation

0.15over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1590d: 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	CKP	VVV
Max drawdown (400d)	-14.3%	-29.6%
Risk-adjusted return (90d)	-0.14	0.54

Relative strength over 90 days: VVV outperformed CKP by 25.7% — measured on the CKP/VVV ratio, so it holds regardless of market direction.

Cakepie →Venice Token →