HatcherLabs vs Pieverse

Pieverse (PIEVERSE) is 22082.4× the size of HatcherLabs (HATCHER) by market capitalisation. Over the past 30 days, PIEVERSE is ahead by 65.4 percentage points (HATCHER -57.5% against PIEVERSE +7.8%). Their daily returns move barely together (correlation 0.05 across 25 shared trading days). HATCHER has been the more volatile of the two, at 286% annualised against PIEVERSE's 143%.

Correlation: 0.05
Size ratio: 1 : 22082.4
Ahead over 30 days: PIEVERSE

HatcherLabsHATCHER

$2.034e-5

24h: +19.64%
Market cap: $17,485
Volume 24h: $1,010
Volatility (ann.): 286%

PieversePIEVERSE

$1.4100

24h: +10.58%
Market cap: $386.11M
Volume 24h: $21.25M
Volatility (ann.): 143%

HATCHER 0.0%Share of the two combined market caps100.0% PIEVERSE

Performance

HATCHERPIEVERSE

7 days-28.22%+27.18%PIEVERSE
30 days-57.55%+7.83%PIEVERSE

Correlation

0.05over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0590d: 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	HATCHER	PIEVERSE
Max drawdown (400d)	-71.0%	-38.7%
Risk-adjusted return (90d)	-0.20	0.32

Relative strength over 90 days: PIEVERSE outperformed HATCHER by 52.9% — measured on the HATCHER/PIEVERSE ratio, so it holds regardless of market direction.

HatcherLabs →Pieverse →