Locked Money vs Venice Token

Venice Token (VVV) is 5000.2× the size of Locked Money (LMY) by market capitalisation. Over the past 30 days, VVV is ahead by 21.3 percentage points (LMY -21.3% against VVV +0.0%). Their daily returns move barely together (correlation 0.04 across 24 shared trading days). VVV has been the more volatile of the two, at 169% annualised against LMY's 47%.

Correlation: 0.04
Size ratio: 1 : 5000.2
Ahead over 30 days: VVV

Locked MoneyLMY

$8.359e-5

24h: —
Market cap: $211,569
Volume 24h: $107
Volatility (ann.): 47%

Venice TokenVVV

$21.6400

24h: -10.42%
Market cap: $1.06B
Volume 24h: $53.39M
Volatility (ann.): 169%

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

Performance

LMYVVV

7 days-2.95%-9.39%LMY
30 days-21.25%+0.00%VVV

Correlation

0.04over 24 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	LMY	VVV
Max drawdown (400d)	-25.0%	-29.6%
Risk-adjusted return (90d)	-0.45	0.50

Relative strength over 90 days: VVV outperformed LMY by 10.9% — measured on the LMY/VVV ratio, so it holds regardless of market direction.

Locked Money →Venice Token →