Manyways Inference vs Venice Token

Venice Token (VVV) is 20740.0× the size of Manyways Inference (MANY) by market capitalisation. Over the past 30 days, VVV is ahead by 9.0 percentage points (MANY -11.8% against VVV -2.8%). Their daily returns move barely in opposite directions (correlation -0.06 across 24 shared trading days). MANY has been the more volatile of the two, at 4323% annualised against VVV's 170%.

Correlation: -0.06
Size ratio: 1 : 20740.0
Ahead over 30 days: VVV

Manyways InferenceMANY

$5.622e-5

24h: -0.57%
Market cap: $56,224
Volume 24h: $101
Volatility (ann.): 4323%

Venice TokenVVV

$23.8900

24h: +15.12%
Market cap: $1.17B
Volume 24h: $41.41M
Volatility (ann.): 170%

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

Performance

MANYVVV

7 days-32.81%-12.69%VVV
30 days-11.76%-2.78%VVV

Correlation

-0.06over 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	MANY	VVV
Max drawdown (400d)	-99.0%	-29.6%
Risk-adjusted return (90d)	-0.02	0.54

Relative strength over 90 days: VVV outperformed MANY by 86.8% — measured on the MANY/VVV ratio, so it holds regardless of market direction.

Manyways Inference →Venice Token →