fly.ai vs Venice Token

Venice Token (VVV) is 4960.8× the size of fly.ai (FLYAI) by market capitalisation. Over the past 30 days, VVV is ahead by 18.8 percentage points (FLYAI -18.8% against VVV +0.0%). Their daily returns move barely together (correlation 0.32 across 24 shared trading days). FLYAI has been the more volatile of the two, at 230% annualised against VVV's 169%.

Correlation: 0.32
Size ratio: 1 : 4960.8
Ahead over 30 days: VVV

fly.aiFLYAI

$0.000206

24h: +1.55%
Market cap: $205,758
Volume 24h: $1,484
Volatility (ann.): 230%

Venice TokenVVV

$20.8700

24h: -5.27%
Market cap: $1.02B
Volume 24h: $47.85M
Volatility (ann.): 169%

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

Performance

FLYAIVVV

7 days+9.51%-9.39%FLYAI
30 days-18.80%+0.00%VVV

Correlation

0.32over 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	FLYAI	VVV
Max drawdown (400d)	-49.7%	-29.6%
Risk-adjusted return (90d)	0.27	0.50

Relative strength over 90 days: FLYAI outperformed VVV by 48.1% — measured on the FLYAI/VVV ratio, so it holds regardless of market direction.

fly.ai →Venice Token →