HIVE vs Venice Token

Venice Token (VVV) is 6470.9× the size of HIVE (HIVE) by market capitalisation. Over the past 30 days, HIVE is ahead by 10.8 percentage points (HIVE +10.8% against VVV +0.0%). Their daily returns move barely together (correlation 0.20 across 27 shared trading days). HIVE has been the more volatile of the two, at 287% annualised against VVV's 169%.

Correlation: 0.20
Size ratio: 1 : 6470.9
Ahead over 30 days: HIVE

HIVEHIVE

$1.630e-6

24h: +9.39%
Market cap: $163,484
Volume 24h: $173
Volatility (ann.): 287%

Venice TokenVVV

$21.6400

24h: -10.42%
Market cap: $1.06B
Volume 24h: $53.39M
Volatility (ann.): 169%

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

Performance

HIVEVVV

7 days-11.59%-9.39%VVV
30 days+10.75%+0.00%HIVE

Correlation

0.20over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2090d: 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	HIVE	VVV
Max drawdown (400d)	-48.2%	-29.6%
Risk-adjusted return (90d)	0.14	0.50

Relative strength over 90 days: HIVE outperformed VVV by 2.7% — measured on the HIVE/VVV ratio, so it holds regardless of market direction.

HIVE →Venice Token →