Ethresearchbot vs Venice Token

Venice Token (VVV) is 16124.9× the size of Ethresearchbot (ETHR) by market capitalisation. Over the past 30 days, VVV is ahead by 14.4 percentage points (ETHR -14.4% against VVV +0.0%). Their daily returns move barely in opposite directions (correlation -0.27 across 23 shared trading days). VVV has been the more volatile of the two, at 169% annualised against ETHR's 48%.

Correlation: -0.27
Size ratio: 1 : 16124.9
Ahead over 30 days: VVV

EthresearchbotETHR

$6.736e-7

24h: —
Market cap: $63,990
Volume 24h: $648
Volatility (ann.): 48%

Venice TokenVVV

$21.1000

24h: -4.28%
Market cap: $1.03B
Volume 24h: $47.31M
Volatility (ann.): 169%

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

Performance

ETHRVVV

7 days-1.56%-9.39%ETHR
30 days-14.38%+0.00%VVV

Correlation

-0.27over 23 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	ETHR	VVV
Max drawdown (400d)	-18.9%	-29.6%
Risk-adjusted return (90d)	-0.33	0.50

Relative strength over 90 days: VVV outperformed ETHR by 6.2% — measured on the ETHR/VVV ratio, so it holds regardless of market direction.

Ethresearchbot →Venice Token →