Pieverse (PIEVERSE) is 34.2× the size of INFINIT (IN) by market capitalisation. Their daily returns move closely together (correlation 0.67 across 38 shared trading days). PIEVERSE has been the more volatile of the two, at 145% annualised against IN's 122%.
INPIEVERSE
0.67over 38 shared trading days
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.
| Metric | IN | PIEVERSE |
|---|---|---|
| Max drawdown (400d) | -76.2% | -38.7% |
| Risk-adjusted return (90d) | -0.60 | 0.25 |
Relative strength over 90 days: PIEVERSE outperformed IN by 26.6% — measured on the IN/PIEVERSE ratio, so it holds regardless of market direction.