FLOCK vs Pieverse

Pieverse (PIEVERSE) is 16.8× the size of FLOCK (FLOCK) by market capitalisation. Over the past 30 days, PIEVERSE is ahead by 47.0 percentage points (FLOCK -51.9% against PIEVERSE -4.9%). Their daily returns move barely together (correlation 0.10 across 44 shared trading days). FLOCK has been the more volatile of the two, at 209% annualised against PIEVERSE's 145%.

Correlation: 0.10
Size ratio: 1 : 16.8
Ahead over 30 days: PIEVERSE

FLOCKFLOCK

$0.038081

24h: +2.75%
Market cap: $19.31M
Volume 24h: $10.93M
Volatility (ann.): 209%

PieversePIEVERSE

$1.1800

24h: +1.68%
Market cap: $325.21M
Volume 24h: $6.21M
Volatility (ann.): 145%

FLOCK 5.6%Share of the two combined market caps94.4% PIEVERSE

Performance

FLOCKPIEVERSE

7 days-7.86%+10.79%PIEVERSE
30 days-51.94%-4.92%PIEVERSE

Correlation

0.10over 44 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3390d: 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	FLOCK	PIEVERSE
Max drawdown (400d)	-55.4%	-38.7%
Risk-adjusted return (90d)	0.07	0.25

Relative strength over 90 days: PIEVERSE outperformed FLOCK by 7.2% — measured on the FLOCK/PIEVERSE ratio, so it holds regardless of market direction.

FLOCK →Pieverse →