Crossbow Finance vs Venice Token

Venice Token (VVV) is 897.2× the size of Crossbow Finance (XBOW) by market capitalisation. Over the past 30 days, VVV is ahead by 33.9 percentage points (XBOW -33.9% against VVV +0.0%). Their daily returns move loosely together (correlation 0.47 across 24 shared trading days). VVV has been the more volatile of the two, at 169% annualised against XBOW's 80%.

Correlation: 0.47
Size ratio: 1 : 897.2
Ahead over 30 days: VVV

Crossbow FinanceXBOW

$0.001309

24h: -0.04%
Market cap: $1.15M
Volume 24h: $857
Volatility (ann.): 80%

Venice TokenVVV

$21.1200

24h: -3.63%
Market cap: $1.03B
Volume 24h: $57.28M
Volatility (ann.): 169%

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

Performance

XBOWVVV

7 days-5.35%-9.39%XBOW
30 days-33.85%+0.00%VVV

Correlation

0.47over 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	XBOW	VVV
Max drawdown (400d)	-48.6%	-29.6%
Risk-adjusted return (90d)	-0.55	0.50

Relative strength over 90 days: VVV outperformed XBOW by 28.4% — measured on the XBOW/VVV ratio, so it holds regardless of market direction.

Crossbow Finance →Venice Token →