Nubila Network vs Venice Token

Venice Token (VVV) is 11093.4× the size of Nubila Network (NB) by market capitalisation. Over the past 30 days, VVV is ahead by 24.6 percentage points (NB -24.6% against VVV +0.0%). Their daily returns move loosely together (correlation 0.39 across 26 shared trading days). NB has been the more volatile of the two, at 326% annualised against VVV's 169%.

Correlation: 0.39
Size ratio: 1 : 11093.4
Ahead over 30 days: VVV

Nubila NetworkNB

$0.000519

24h: +2.88%
Market cap: $95,533
Volume 24h: $5,975
Volatility (ann.): 326%

Venice TokenVVV

$21.6700

24h: -6.55%
Market cap: $1.06B
Volume 24h: $47.27M
Volatility (ann.): 169%

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

Performance

NBVVV

7 days-35.65%-9.39%VVV
30 days-24.55%+0.00%VVV

Correlation

0.39over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3990d: 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	NB	VVV
Max drawdown (400d)	-61.3%	-29.6%
Risk-adjusted return (90d)	-0.08	0.50

Relative strength over 90 days: VVV outperformed NB by 45.0% — measured on the NB/VVV ratio, so it holds regardless of market direction.

Nubila Network →Venice Token →