Emerge vs Venice Token

Venice Token (VVV) is 44584.2× the size of Emerge (EMERGE) by market capitalisation. Over the past 30 days, VVV is ahead by 85.3 percentage points (EMERGE -91.6% against VVV -6.3%). Their daily returns move barely in opposite directions (correlation -0.16 across 24 shared trading days). EMERGE has been the more volatile of the two, at 1079% annualised against VVV's 168%.

Correlation: -0.16
Size ratio: 1 : 44584.2
Ahead over 30 days: VVV

EmergeEMERGE

$2.267e-7

24h: —
Market cap: $22,669
Volume 24h: —
Volatility (ann.): 1079%

Venice TokenVVV

$20.6700

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

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

Performance

EMERGEVVV

7 days-87.83%-7.00%VVV
30 days-91.56%-6.29%VVV

Correlation

-0.16over 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	EMERGE	VVV
Max drawdown (400d)	-96.4%	-31.1%
Risk-adjusted return (90d)	-0.08	0.45

Relative strength over 90 days: VVV outperformed EMERGE by 90.8% — measured on the EMERGE/VVV ratio, so it holds regardless of market direction.

Emerge →Venice Token →