HatcherLabs vs Venice Token

Venice Token (VVV) is 57803.3× the size of HatcherLabs (HATCHER) by market capitalisation. Over the past 30 days, VVV is ahead by 51.3 percentage points (HATCHER -57.5% against VVV -6.3%). 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 VVV's 168%.

Correlation: 0.05
Size ratio: 1 : 57803.3
Ahead over 30 days: VVV

HatcherLabsHATCHER

$2.034e-5

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

Venice TokenVVV

$20.6700

24h: -4.98%
Market cap: $1.01B
Volume 24h: $45.75M
Volatility (ann.): 168%

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

Performance

HATCHERVVV

7 days-28.22%-7.00%VVV
30 days-57.55%-6.29%VVV

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	VVV
Max drawdown (400d)	-71.0%	-31.1%
Risk-adjusted return (90d)	-0.20	0.45

Relative strength over 90 days: VVV outperformed HATCHER by 49.2% — measured on the HATCHER/VVV ratio, so it holds regardless of market direction.

HatcherLabs →Venice Token →