Galeon vs Pieverse

Pieverse (PIEVERSE) is 92.9× the size of Galeon (GALEON) by market capitalisation. Over the past 30 days, PIEVERSE is ahead by 35.8 percentage points (GALEON -40.7% against PIEVERSE -4.9%). Their daily returns move loosely together (correlation 0.56 across 32 shared trading days). PIEVERSE has been the more volatile of the two, at 145% annualised against GALEON's 102%.

Correlation: 0.56
Size ratio: 1 : 92.9
Ahead over 30 days: PIEVERSE

GaleonGALEON

$0.003750

24h: -2.25%
Market cap: $3.52M
Volume 24h: $377
Volatility (ann.): 102%

PieversePIEVERSE

$1.1900

24h: +1.96%
Market cap: $327.36M
Volume 24h: $6.10M
Volatility (ann.): 145%

GALEON 1.1%Share of the two combined market caps98.9% PIEVERSE

Performance

GALEONPIEVERSE

7 days-3.75%+10.79%PIEVERSE
30 days-40.74%-4.92%PIEVERSE

Correlation

0.56over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6190d: 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	GALEON	PIEVERSE
Max drawdown (400d)	-44.4%	-38.7%
Risk-adjusted return (90d)	-0.32	0.25

Relative strength over 90 days: PIEVERSE outperformed GALEON by 34.2% — measured on the GALEON/PIEVERSE ratio, so it holds regardless of market direction.

Galeon →Pieverse →