Hermes vs Venice Token

Venice Token (VVV) is 430.2× the size of Hermes (SN82) by market capitalisation. Over the past 30 days, SN82 is ahead by 83.2 percentage points (SN82 +80.4% against VVV -2.8%). Their daily returns move barely together (correlation 0.06 across 20 shared trading days). SN82 has been the more volatile of the two, at 524% annualised against VVV's 170%.

Correlation: 0.06
Size ratio: 1 : 430.2
Ahead over 30 days: SN82

HermesSN82

$8.8400

24h: -3.84%
Market cap: $2.73M
Volume 24h: $1,205
Volatility (ann.): 524%

Venice TokenVVV

$24.0300

24h: +10.90%
Market cap: $1.17B
Volume 24h: $42.40M
Volatility (ann.): 170%

SN82 0.2%Share of the two combined market caps99.8% VVV

Performance

SN82VVV

7 days+121.54%-12.69%SN82
30 days+80.41%-2.78%SN82

Correlation

0.06over 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	SN82	VVV
Max drawdown (400d)	-53.9%	-29.6%
Risk-adjusted return (90d)	0.15	0.54

Relative strength over 90 days: SN82 outperformed VVV by 12.0% — measured on the SN82/VVV ratio, so it holds regardless of market direction.

Hermes →Venice Token →