MUTE SWAP by Virtuals vs Venice Token

Venice Token (VVV) is 947.9× the size of MUTE SWAP by Virtuals (MUTE) by market capitalisation. Over the past 30 days, VVV is ahead by 31.5 percentage points (MUTE -34.3% against VVV -2.8%). Their daily returns move loosely together (correlation 0.45 across 23 shared trading days). VVV has been the more volatile of the two, at 170% annualised against MUTE's 128%.

Correlation: 0.45
Size ratio: 1 : 947.9
Ahead over 30 days: VVV

MUTE SWAP by VirtualsMUTE

$0.001169

24h: -0.23%
Market cap: $1.17M
Volume 24h: $7
Volatility (ann.): 128%

Venice TokenVVV

$22.6900

24h: +1.89%
Market cap: $1.11B
Volume 24h: $50.61M
Volatility (ann.): 170%

MUTE 0.1%Share of the two combined market caps99.9% VVV

Performance

MUTEVVV

7 days-8.92%-12.69%MUTE
30 days-34.32%-2.78%VVV

Correlation

0.45over 23 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	MUTE	VVV
Max drawdown (400d)	-36.5%	-29.6%
Risk-adjusted return (90d)	-0.11	0.54

Relative strength over 90 days: VVV outperformed MUTE by 24.9% — measured on the MUTE/VVV ratio, so it holds regardless of market direction.

MUTE SWAP by Virtuals →Venice Token →