CARV vs Venice Token

Venice Token (VVV) is 52.6× the size of CARV (CARV) by market capitalisation. Over the past 30 days, VVV is ahead by 11.0 percentage points (CARV -13.8% against VVV -2.8%). Their daily returns move loosely together (correlation 0.58 across 34 shared trading days). VVV has been the more volatile of the two, at 170% annualised against CARV's 82%.

Correlation: 0.58
Size ratio: 1 : 52.6
Ahead over 30 days: VVV

CARVCARV

$0.029953

24h: +1.09%
Market cap: $22.07M
Volume 24h: $761,534
Volatility (ann.): 82%

Venice TokenVVV

$23.7700

24h: +6.58%
Market cap: $1.16B
Volume 24h: $45.55M
Volatility (ann.): 170%

CARV 1.9%Share of the two combined market caps98.1% VVV

Performance

CARVVVV

7 days-14.69%-12.69%VVV
30 days-13.76%-2.78%VVV

Correlation

0.58over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5990d: 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	CARV	VVV
Max drawdown (400d)	-31.4%	-29.6%
Risk-adjusted return (90d)	-0.05	0.54

Relative strength over 90 days: VVV outperformed CARV by 30.4% — measured on the CARV/VVV ratio, so it holds regardless of market direction.

CARV →Venice Token →