nuit vs Pieverse

Pieverse (PIEVERSE) is 7760.3× the size of nuit (NUIT) by market capitalisation. Over the past 30 days, PIEVERSE is ahead by 42.6 percentage points (NUIT -41.7% against PIEVERSE +0.8%). Their daily returns move barely in opposite directions (correlation -0.17 across 23 shared trading days). PIEVERSE has been the more volatile of the two, at 144% annualised against NUIT's 123%.

Correlation: -0.17
Size ratio: 1 : 7760.3
Ahead over 30 days: PIEVERSE

nuitNUIT

$4.509e-5

24h: -0.75%
Market cap: $45,093
Volume 24h: $12
Volatility (ann.): 123%

PieversePIEVERSE

$1.2700

24h: +6.39%
Market cap: $349.94M
Volume 24h: $14.57M
Volatility (ann.): 144%

NUIT 0.0%Share of the two combined market caps100.0% PIEVERSE

Performance

NUITPIEVERSE

7 days-10.78%+14.98%PIEVERSE
30 days-41.75%+0.85%PIEVERSE

Correlation

-0.17over 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	NUIT	PIEVERSE
Max drawdown (400d)	-41.8%	-38.7%
Risk-adjusted return (90d)	-0.19	0.28

Relative strength over 90 days: PIEVERSE outperformed NUIT by 15.8% — measured on the NUIT/PIEVERSE ratio, so it holds regardless of market direction.

nuit →Pieverse →