MMOCoin vs Venice Token

Venice Token (VVV) is 30885.1× the size of MMOCoin (MMO) by market capitalisation. Over the past 30 days, MMO is ahead by 73.0 percentage points (MMO +73.0% against VVV +0.0%). Their daily returns move barely together (correlation 0.12 across 24 shared trading days). MMO has been the more volatile of the two, at 269% annualised against VVV's 169%.

Correlation: 0.12
Size ratio: 1 : 30885.1
Ahead over 30 days: MMO

MMOCoinMMO

$3.362e-5

24h: +9.77%
Market cap: $33,416
Volume 24h: $208
Volatility (ann.): 269%

Venice TokenVVV

$21.1000

24h: -9.98%
Market cap: $1.03B
Volume 24h: $44.93M
Volatility (ann.): 169%

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

Performance

MMOVVV

7 days-7.23%-9.39%MMO
30 days+72.99%+0.00%MMO

Correlation

0.12over 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	MMO	VVV
Max drawdown (400d)	-26.3%	-29.6%
Risk-adjusted return (90d)	0.43	0.50

Relative strength over 90 days: MMO outperformed VVV by 66.9% — measured on the MMO/VVV ratio, so it holds regardless of market direction.

MMOCoin →Venice Token →