Venice Token (VVV) is 52247.4× the size of Laika AI (LKI) by market capitalisation. Their daily returns move barely together (correlation 0.15 across 23 shared trading days). LKI has been the more volatile of the two, at 209% annualised against VVV's 168%.
LKIVVV
0.15over 23 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 | LKI | VVV |
|---|---|---|
| Max drawdown (400d) | -97.3% | -31.1% |
| Risk-adjusted return (90d) | -0.32 | 0.45 |
Relative strength over 90 days: LKI outperformed VVV by 13.1% — measured on the LKI/VVV ratio, so it holds regardless of market direction.