KONDUX vs Venice Token

Venice Token (VVV) is 2425.8× the size of KONDUX (KNDX) by market capitalisation. Over the past 30 days, VVV is ahead by 30.8 percentage points (KNDX -33.5% against VVV -2.8%). Their daily returns move barely in opposite directions (correlation -0.18 across 23 shared trading days). VVV has been the more volatile of the two, at 170% annualised against KNDX's 54%.

Correlation: -0.18
Size ratio: 1 : 2425.8
Ahead over 30 days: VVV

KONDUXKNDX

$0.000519

24h: +0.16%
Market cap: $483,992
Volume 24h: $860
Volatility (ann.): 54%

Venice TokenVVV

$24.0600

24h: +16.70%
Market cap: $1.17B
Volume 24h: $42.54M
Volatility (ann.): 170%

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

Performance

KNDXVVV

7 days-13.06%-12.69%VVV
30 days-33.53%-2.78%VVV

Correlation

-0.18over 23 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	KNDX	VVV
Max drawdown (400d)	-38.1%	-29.6%
Risk-adjusted return (90d)	-0.68	0.54

Relative strength over 90 days: VVV outperformed KNDX by 28.3% — measured on the KNDX/VVV ratio, so it holds regardless of market direction.

KONDUX →Venice Token →