IMGN Labs vs Pieverse

Pieverse (PIEVERSE) is 332.5× the size of IMGN Labs (IMGN) by market capitalisation. Over the past 30 days, IMGN is ahead by 65.7 percentage points (IMGN +60.8% against PIEVERSE -4.9%). Their daily returns move loosely in opposite directions (correlation -0.40 across 28 shared trading days). Both have run at a similar volatility, around 148% annualised.

Correlation: -0.40
Size ratio: 1 : 332.5
Ahead over 30 days: IMGN

IMGN LabsIMGN

$0.000985

24h: +0.35%
Market cap: $984,565
Volume 24h: $222
Volatility (ann.): 151%

PieversePIEVERSE

$1.1900

24h: +1.96%
Market cap: $327.36M
Volume 24h: $6.10M
Volatility (ann.): 145%

IMGN 0.3%Share of the two combined market caps99.7% PIEVERSE

Performance

IMGNPIEVERSE

7 days-21.27%+10.79%PIEVERSE
30 days+60.78%-4.92%IMGN

Correlation

-0.40over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.4090d: 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	IMGN	PIEVERSE
Max drawdown (400d)	-22.3%	-38.7%
Risk-adjusted return (90d)	0.29	0.25

Relative strength over 90 days: IMGN outperformed PIEVERSE by 25.5% — measured on the IMGN/PIEVERSE ratio, so it holds regardless of market direction.

IMGN Labs →Pieverse →