Hiero Terminal vs Venice Token

Venice Token (VVV) is 70159.5× the size of Hiero Terminal (HTERM) by market capitalisation. Over the past 30 days, VVV is ahead by 20.9 percentage points (HTERM -20.9% against VVV +0.0%). Their daily returns move barely in opposite directions (correlation -0.01 across 23 shared trading days). VVV has been the more volatile of the two, at 169% annualised against HTERM's 44%.

Correlation: -0.01
Size ratio: 1 : 70159.5
Ahead over 30 days: VVV

Hiero TerminalHTERM

$1.795e-5

24h: —
Market cap: $14,580
Volume 24h: $2
Volatility (ann.): 44%

Venice TokenVVV

$20.9200

24h: -4.73%
Market cap: $1.02B
Volume 24h: $46.64M
Volatility (ann.): 169%

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

Performance

HTERMVVV

7 days-4.77%-9.39%HTERM
30 days-20.90%+0.00%VVV

Correlation

-0.01over 23 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	HTERM	VVV
Max drawdown (400d)	-25.4%	-29.6%
Risk-adjusted return (90d)	-0.45	0.50

Relative strength over 90 days: VVV outperformed HTERM by 10.3% — measured on the HTERM/VVV ratio, so it holds regardless of market direction.

Hiero Terminal →Venice Token →