Gemach vs Venice Token

Venice Token (VVV) is 7519.4× the size of Gemach (GMAC) by market capitalisation. Over the past 30 days, VVV is ahead by 17.8 percentage points (GMAC -17.8% against VVV +0.0%). Their daily returns move barely together (correlation 0.25 across 20 shared trading days). VVV has been the more volatile of the two, at 169% annualised against GMAC's 42%.

Correlation: 0.25
Size ratio: 1 : 7519.4
Ahead over 30 days: VVV

GemachGMAC

$0.000277

24h: —
Market cap: $138,356
Volume 24h: $220
Volatility (ann.): 42%

Venice TokenVVV

$21.2800

24h: -9.12%
Market cap: $1.04B
Volume 24h: $45.80M
Volatility (ann.): 169%

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

Performance

GMACVVV

7 days-4.00%-9.39%GMAC
30 days-17.77%+0.00%VVV

Correlation

0.25over 20 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	GMAC	VVV
Max drawdown (400d)	-21.1%	-29.6%
Risk-adjusted return (90d)	-0.42	0.50

Relative strength over 90 days: VVV outperformed GMAC by 10.0% — measured on the GMAC/VVV ratio, so it holds regardless of market direction.

Gemach →Venice Token →