Commons vs Venice Token

Venice Token (VVV) is 49351.1× the size of Commons (CMNS) by market capitalisation. Over the past 30 days, VVV is ahead by 94.6 percentage points (CMNS -94.6% against VVV +0.0%). Their daily returns move barely in opposite directions (correlation -0.20 across 24 shared trading days). CMNS has been the more volatile of the two, at 258% annualised against VVV's 169%.

Correlation: -0.20
Size ratio: 1 : 49351.1
Ahead over 30 days: VVV

CommonsCMNS

$6.566e-5

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

Venice TokenVVV

$21.7100

24h: -2.93%
Market cap: $1.06B
Volume 24h: $57.32M
Volatility (ann.): 169%

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

Performance

CMNSVVV

7 days-32.73%-9.39%VVV
30 days-94.56%+0.00%VVV

Correlation

-0.20over 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	VVV
Max drawdown (400d)	-95.8%	-29.6%
Risk-adjusted return (90d)	-0.37	0.50

Relative strength over 90 days: VVV outperformed CMNS by 75.8% — measured on the CMNS/VVV ratio, so it holds regardless of market direction.

Commons →Venice Token →