Grass vs Venice Token

Venice Token (VVV) is 2.6× the size of Grass (GRASS) by market capitalisation. Over the past 30 days, GRASS is ahead by 78.2 percentage points (GRASS +78.2% against VVV +0.0%). Their daily returns move loosely together (correlation 0.40 across 57 shared trading days). GRASS has been the more volatile of the two, at 212% annualised against VVV's 169%.

Correlation: 0.40
Size ratio: 1 : 2.6
Ahead over 30 days: GRASS

GrassGRASS

$0.563557

24h: -0.47%
Market cap: $406.87M
Volume 24h: $20.08M
Volatility (ann.): 212%

Venice TokenVVV

$21.7100

24h: -2.93%
Market cap: $1.06B
Volume 24h: $57.32M
Volatility (ann.): 169%

GRASS 27.7%Share of the two combined market caps72.3% VVV

Performance

GRASSVVV

7 days-15.26%-9.39%VVV
30 days+78.19%+0.00%GRASS

Correlation

0.40over 57 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6590d: 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	GRASS	VVV
Max drawdown (400d)	-25.3%	-29.6%
Risk-adjusted return (90d)	0.36	0.50

Relative strength over 90 days: GRASS outperformed VVV by 2.4% — measured on the GRASS/VVV ratio, so it holds regardless of market direction.

Grass →Venice Token →