Daimon vs Venice Token

Venice Token (VVV) is 30623.9× the size of Daimon (DAIMON) by market capitalisation. Over the past 30 days, VVV is ahead by 9.5 percentage points (DAIMON -15.8% against VVV -6.3%). Their daily returns move barely in opposite directions (correlation -0.04 across 20 shared trading days). Both have run at a similar volatility, around 166% annualised.

Correlation: -0.04
Size ratio: 1 : 30623.9
Ahead over 30 days: VVV

DaimonDAIMON

$3.473e-7

24h: -0.30%
Market cap: $33,003
Volume 24h: $2
Volatility (ann.): 164%

Venice TokenVVV

$20.6700

24h: -4.98%
Market cap: $1.01B
Volume 24h: $45.75M
Volatility (ann.): 168%

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

Performance

DAIMONVVV

7 days-2.12%-7.00%DAIMON
30 days-15.79%-6.29%VVV

Correlation

-0.04over 20 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	DAIMON	VVV
Max drawdown (400d)	-27.6%	-31.1%
Risk-adjusted return (90d)	-0.10	0.45

Relative strength over 90 days: VVV outperformed DAIMON by 1.7% — measured on the DAIMON/VVV ratio, so it holds regardless of market direction.

Daimon →Venice Token →