nuit vs Venice Token

Venice Token (VVV) is 21765.0× the size of nuit (NUIT) by market capitalisation. Over the past 30 days, VVV is ahead by 41.7 percentage points (NUIT -41.7% against VVV +0.0%). Their daily returns move barely in opposite directions (correlation -0.05 across 23 shared trading days). VVV has been the more volatile of the two, at 169% annualised against NUIT's 123%.

Correlation: -0.05
Size ratio: 1 : 21765.0
Ahead over 30 days: VVV

nuitNUIT

$4.509e-5

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

Venice TokenVVV

$20.0700

24h: -12.75%
Market cap: $981.45M
Volume 24h: $44.34M
Volatility (ann.): 169%

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

Performance

NUITVVV

7 days-10.78%-9.39%VVV
30 days-41.75%+0.00%VVV

Correlation

-0.05over 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	VVV
Max drawdown (400d)	-41.8%	-29.6%
Risk-adjusted return (90d)	-0.19	0.50

Relative strength over 90 days: VVV outperformed NUIT by 16.8% — measured on the NUIT/VVV ratio, so it holds regardless of market direction.

nuit →Venice Token →