GRID by Virtuals vs Venice Token

Venice Token (VVV) is 2152.8× the size of GRID by Virtuals (GRID) by market capitalisation. Over the past 30 days, VVV is ahead by 56.4 percentage points (GRID -59.2% against VVV -2.8%). Their daily returns move barely together (correlation 0.34 across 28 shared trading days). GRID has been the more volatile of the two, at 461% annualised against VVV's 170%.

Correlation: 0.34
Size ratio: 1 : 2152.8
Ahead over 30 days: VVV

GRID by VirtualsGRID

$0.000500

24h: -1.55%
Market cap: $499,860
Volume 24h: $2,114
Volatility (ann.): 461%

Venice TokenVVV

$22.0700

24h: -1.74%
Market cap: $1.08B
Volume 24h: $50.59M
Volatility (ann.): 170%

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

Performance

GRIDVVV

7 days-23.82%-12.69%VVV
30 days-59.16%-2.78%VVV

Correlation

0.34over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3490d: 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	GRID	VVV
Max drawdown (400d)	-80.1%	-29.6%
Risk-adjusted return (90d)	-0.12	0.54

Relative strength over 90 days: VVV outperformed GRID by 65.6% — measured on the GRID/VVV ratio, so it holds regardless of market direction.

GRID by Virtuals →Venice Token →