Daydreams vs Venice Token

Venice Token (VVV) is 404.4× the size of Daydreams (DREAMS) by market capitalisation. Over the past 30 days, DREAMS is ahead by 0.2 percentage points (DREAMS -2.6% against VVV -2.8%). Their daily returns move loosely together (correlation 0.53 across 30 shared trading days). DREAMS has been the more volatile of the two, at 239% annualised against VVV's 170%.

Correlation: 0.53
Size ratio: 1 : 404.4
Ahead over 30 days: DREAMS

DaydreamsDREAMS

$0.002798

24h: +1.45%
Market cap: $2.80M
Volume 24h: $106,875
Volatility (ann.): 239%

Venice TokenVVV

$23.1800

24h: +4.53%
Market cap: $1.13B
Volume 24h: $41.37M
Volatility (ann.): 170%

DREAMS 0.2%Share of the two combined market caps99.8% VVV

Performance

DREAMSVVV

7 days-10.39%-12.69%DREAMS
30 days-2.55%-2.78%DREAMS

Correlation

0.53over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5390d: 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	DREAMS	VVV
Max drawdown (400d)	-53.2%	-29.6%
Risk-adjusted return (90d)	-0.15	0.54

Relative strength over 90 days: VVV outperformed DREAMS by 51.6% — measured on the DREAMS/VVV ratio, so it holds regardless of market direction.

Daydreams →Venice Token →