FITTED vs Pieverse

Pieverse (PIEVERSE) is 12811.0× the size of FITTED (FITTED) by market capitalisation. Over the past 30 days, FITTED is ahead by 16.9 percentage points (FITTED +17.7% against PIEVERSE +0.8%). Their daily returns move barely in opposite directions (correlation -0.11 across 22 shared trading days). FITTED has been the more volatile of the two, at 402% annualised against PIEVERSE's 144%.

Correlation: -0.11
Size ratio: 1 : 12811.0
Ahead over 30 days: FITTED

FITTEDFITTED

$2.656e-5

24h: +18.18%
Market cap: $26,563
Volume 24h: $1,318
Volatility (ann.): 402%

PieversePIEVERSE

$1.2400

24h: +4.42%
Market cap: $340.30M
Volume 24h: $14.47M
Volatility (ann.): 144%

FITTED 0.0%Share of the two combined market caps100.0% PIEVERSE

Performance

FITTEDPIEVERSE

7 days+10.57%+14.98%PIEVERSE
30 days+17.71%+0.85%FITTED

Correlation

-0.11over 22 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	FITTED	PIEVERSE
Max drawdown (400d)	-39.7%	-38.7%
Risk-adjusted return (90d)	0.04	0.28

Relative strength over 90 days: FITTED outperformed PIEVERSE by 68.3% — measured on the FITTED/PIEVERSE ratio, so it holds regardless of market direction.

FITTED →Pieverse →