FREGO vs Venice Token

Venice Token (VVV) is 86649.9× the size of FREGO (FREGO) by market capitalisation. Over the past 30 days, VVV is ahead by 19.3 percentage points (FREGO -19.3% against VVV +0.0%). Their daily returns move loosely together (correlation 0.47 across 24 shared trading days). VVV has been the more volatile of the two, at 169% annualised against FREGO's 39%.

Correlation: 0.47
Size ratio: 1 : 86649.9
Ahead over 30 days: VVV

FREGOFREGO

$1.267e-5

24h: +3.83%
Market cap: $11,327
Volume 24h: $73
Volatility (ann.): 39%

Venice TokenVVV

$20.0700

24h: -12.75%
Market cap: $981.45M
Volume 24h: $44.34M
Volatility (ann.): 169%

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

Performance

FREGOVVV

7 days-6.13%-9.39%FREGO
30 days-19.28%+0.00%VVV

Correlation

0.47over 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	FREGO	VVV
Max drawdown (400d)	-22.4%	-29.6%
Risk-adjusted return (90d)	-0.46	0.50

Relative strength over 90 days: VVV outperformed FREGO by 9.7% — measured on the FREGO/VVV ratio, so it holds regardless of market direction.

FREGO →Venice Token →