Commons vs Pieverse

Pieverse (PIEVERSE) is 15277.5× the size of Commons (CMNS) by market capitalisation. Over the past 30 days, PIEVERSE is ahead by 95.4 percentage points (CMNS -94.6% against PIEVERSE +0.8%). Their daily returns move barely in opposite directions (correlation -0.10 across 24 shared trading days). CMNS has been the more volatile of the two, at 258% annualised against PIEVERSE's 144%.

Correlation: -0.10
Size ratio: 1 : 15277.5
Ahead over 30 days: PIEVERSE

CommonsCMNS

$6.566e-5

24h: —
Market cap: $21,511
Volume 24h: $132
Volatility (ann.): 258%

PieversePIEVERSE

$1.2000

24h: +1.92%
Market cap: $328.63M
Volume 24h: $4.56M
Volatility (ann.): 144%

CMNS 0.0%Share of the two combined market caps100.0% PIEVERSE

Performance

CMNSPIEVERSE

7 days-32.73%+14.98%PIEVERSE
30 days-94.56%+0.85%PIEVERSE

Correlation

-0.10over 24 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	CMNS	PIEVERSE
Max drawdown (400d)	-95.8%	-38.7%
Risk-adjusted return (90d)	-0.37	0.28

Relative strength over 90 days: PIEVERSE outperformed CMNS by 75.5% — measured on the CMNS/PIEVERSE ratio, so it holds regardless of market direction.

Commons →Pieverse →