MetYa vs Pieverse

Pieverse (PIEVERSE) is 17.4× the size of MetYa (MY) by market capitalisation. Over the past 30 days, PIEVERSE is ahead by 19.6 percentage points (MY -24.5% against PIEVERSE -4.9%). Their daily returns move barely together (correlation 0.22 across 30 shared trading days). PIEVERSE has been the more volatile of the two, at 145% annualised against MY's 76%.

Correlation: 0.22
Size ratio: 1 : 17.4
Ahead over 30 days: PIEVERSE

MetYaMY

$0.018840

24h: -5.78%
Market cap: $18.58M
Volume 24h: $89,194
Volatility (ann.): 76%

PieversePIEVERSE

$1.1800

24h: +0.92%
Market cap: $322.82M
Volume 24h: $7.15M
Volatility (ann.): 145%

MY 5.4%Share of the two combined market caps94.6% PIEVERSE

Performance

MYPIEVERSE

7 days-2.42%+10.79%PIEVERSE
30 days-24.51%-4.92%PIEVERSE

Correlation

0.22over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2290d: 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	MY	PIEVERSE
Max drawdown (400d)	-36.3%	-38.7%
Risk-adjusted return (90d)	-0.33	0.25

Relative strength over 90 days: PIEVERSE outperformed MY by 28.3% — measured on the MY/PIEVERSE ratio, so it holds regardless of market direction.

MetYa →Pieverse →