Codatta vs Venice Token

Venice Token (VVV) is 51.5× the size of Codatta (XNY) by market capitalisation. Over the past 30 days, VVV is ahead by 15.0 percentage points (XNY -15.0% against VVV +0.0%). Their daily returns move loosely together (correlation 0.47 across 33 shared trading days). VVV has been the more volatile of the two, at 169% annualised against XNY's 110%.

Correlation: 0.47
Size ratio: 1 : 51.5
Ahead over 30 days: VVV

CodattaXNY

$0.005652

24h: +0.01%
Market cap: $20.55M
Volume 24h: $249,342
Volatility (ann.): 110%

Venice TokenVVV

$21.6300

24h: -10.34%
Market cap: $1.06B
Volume 24h: $49.03M
Volatility (ann.): 169%

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

Performance

XNYVVV

7 days-22.67%-9.39%VVV
30 days-14.97%+0.00%VVV

Correlation

0.47over 33 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4790d: 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	XNY	VVV
Max drawdown (400d)	-25.2%	-29.6%
Risk-adjusted return (90d)	-0.16	0.50

Relative strength over 90 days: VVV outperformed XNY by 37.9% — measured on the XNY/VVV ratio, so it holds regardless of market direction.

Codatta →Venice Token →