IMGN Labs vs Venice Token

Venice Token (VVV) is 1166.4× the size of IMGN Labs (IMGN) by market capitalisation. Over the past 30 days, IMGN is ahead by 63.6 percentage points (IMGN +60.8% against VVV -2.8%). Their daily returns move barely in opposite directions (correlation -0.02 across 28 shared trading days). Both have run at a similar volatility, around 160% annualised.

Correlation: -0.02
Size ratio: 1 : 1166.4
Ahead over 30 days: IMGN

IMGN LabsIMGN

$0.000985

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

Venice TokenVVV

$23.5300

24h: +6.10%
Market cap: $1.15B
Volume 24h: $50.52M
Volatility (ann.): 170%

IMGN 0.1%Share of the two combined market caps99.9% VVV

Performance

IMGNVVV

7 days-21.27%-12.69%VVV
30 days+60.78%-2.78%IMGN

Correlation

-0.02over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0290d: 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	VVV
Max drawdown (400d)	-22.3%	-29.6%
Risk-adjusted return (90d)	0.29	0.54

Relative strength over 90 days: IMGN outperformed VVV by 9.3% — measured on the IMGN/VVV ratio, so it holds regardless of market direction.

IMGN Labs →Venice Token →