Lumerin vs Venice Token

Venice Token (VVV) is 5029.4× the size of Lumerin (LMR) by market capitalisation. Over the past 30 days, VVV is ahead by 14.5 percentage points (LMR -14.5% against VVV +0.0%). Their daily returns move barely together (correlation 0.24 across 24 shared trading days). VVV has been the more volatile of the two, at 169% annualised against LMR's 98%.

Correlation: 0.24
Size ratio: 1 : 5029.4
Ahead over 30 days: VVV

LumerinLMR

$0.000321

24h: +5.47%
Market cap: $202,951
Volume 24h: $145
Volatility (ann.): 98%

Venice TokenVVV

$20.8700

24h: -5.27%
Market cap: $1.02B
Volume 24h: $47.85M
Volatility (ann.): 169%

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

Performance

LMRVVV

7 days+2.93%-9.39%LMR
30 days-14.55%+0.00%VVV

Correlation

0.24over 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	LMR	VVV
Max drawdown (400d)	-28.4%	-29.6%
Risk-adjusted return (90d)	-0.16	0.50

Relative strength over 90 days: VVV outperformed LMR by 11.4% — measured on the LMR/VVV ratio, so it holds regardless of market direction.

Lumerin →Venice Token →