MoltID vs Venice Token

Venice Token (VVV) is 90404.5× the size of MoltID (MOLTID) by market capitalisation. Over the past 30 days, VVV is ahead by 28.9 percentage points (MOLTID -28.9% against VVV +0.0%). Their daily returns move barely together (correlation 0.17 across 21 shared trading days). VVV has been the more volatile of the two, at 169% annualised against MOLTID's 54%.

Correlation: 0.17
Size ratio: 1 : 90404.5
Ahead over 30 days: VVV

MoltIDMOLTID

$1.207e-5

24h: +3.36%
Market cap: $11,549
Volume 24h: $12
Volatility (ann.): 54%

Venice TokenVVV

$21.3800

24h: -1.56%
Market cap: $1.04B
Volume 24h: $48.15M
Volatility (ann.): 169%

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

Performance

MOLTIDVVV

7 days-9.25%-9.39%MOLTID
30 days-28.92%+0.00%VVV

Correlation

0.17over 21 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	MOLTID	VVV
Max drawdown (400d)	-34.3%	-29.6%
Risk-adjusted return (90d)	-0.61	0.50

Relative strength over 90 days: VVV outperformed MOLTID by 16.9% — measured on the MOLTID/VVV ratio, so it holds regardless of market direction.

MoltID →Venice Token →