MATES vs Venice Token

Venice Token (VVV) is 20170.3× the size of MATES (MATES) by market capitalisation. Over the past 30 days, VVV is ahead by 19.0 percentage points (MATES -19.0% against VVV +0.0%). Their daily returns move loosely together (correlation 0.37 across 22 shared trading days). VVV has been the more volatile of the two, at 169% annualised against MATES's 52%.

Correlation: 0.37
Size ratio: 1 : 20170.3
Ahead over 30 days: VVV

MATESMATES

$9.270e-6

24h: +3.25%
Market cap: $52,246
Volume 24h: $78
Volatility (ann.): 52%

Venice TokenVVV

$21.5500

24h: -0.80%
Market cap: $1.05B
Volume 24h: $49.81M
Volatility (ann.): 169%

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

Performance

MATESVVV

7 days-4.24%-9.39%MATES
30 days-18.96%+0.00%VVV

Correlation

0.37over 22 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	MATES	VVV
Max drawdown (400d)	-23.0%	-29.6%
Risk-adjusted return (90d)	-0.35	0.50

Relative strength over 90 days: VVV outperformed MATES by 12.5% — measured on the MATES/VVV ratio, so it holds regardless of market direction.

MATES →Venice Token →