Karma by Virtuals vs Venice Token

Venice Token (VVV) is 5982.1× the size of Karma by Virtuals (KARMA) by market capitalisation. Over the past 30 days, VVV is ahead by 65.4 percentage points (KARMA -68.2% against VVV -2.8%). Their daily returns move barely together (correlation 0.10 across 28 shared trading days). KARMA has been the more volatile of the two, at 325% annualised against VVV's 170%.

Correlation: 0.10
Size ratio: 1 : 5982.1
Ahead over 30 days: VVV

Karma by VirtualsKARMA

$0.000189

24h: +0.67%
Market cap: $189,072
Volume 24h: $106
Volatility (ann.): 325%

Venice TokenVVV

$23.1800

24h: +4.53%
Market cap: $1.13B
Volume 24h: $41.37M
Volatility (ann.): 170%

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

Performance

KARMAVVV

7 days-15.28%-12.69%VVV
30 days-68.21%-2.78%VVV

Correlation

0.10over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1090d: 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	KARMA	VVV
Max drawdown (400d)	-88.1%	-29.6%
Risk-adjusted return (90d)	-0.27	0.54

Relative strength over 90 days: VVV outperformed KARMA by 90.8% — measured on the KARMA/VVV ratio, so it holds regardless of market direction.

Karma by Virtuals →Venice Token →