Empyreal vs Venice Token

Venice Token (VVV) is 1428.9× the size of Empyreal (EMP) by market capitalisation. Over the past 30 days, VVV is ahead by 5.3 percentage points (EMP -5.3% against VVV +0.0%). Their daily returns move barely in opposite directions (correlation -0.12 across 28 shared trading days). EMP has been the more volatile of the two, at 3847% annualised against VVV's 169%.

Correlation: -0.12
Size ratio: 1 : 1428.9
Ahead over 30 days: VVV

EmpyrealEMP

$2.4000

24h: —
Market cap: $721,147
Volume 24h: $11
Volatility (ann.): 3847%

Venice TokenVVV

$21.1200

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

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

Performance

EMPVVV

7 days+36.41%-9.39%EMP
30 days-5.28%+0.00%VVV

Correlation

-0.12over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1290d: 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	EMP	VVV
Max drawdown (400d)	-97.4%	-29.6%
Risk-adjusted return (90d)	-0.01	0.50

Relative strength over 90 days: VVV outperformed EMP by 58.0% — measured on the EMP/VVV ratio, so it holds regardless of market direction.

Empyreal →Venice Token →