OpenVPP vs Collector Crypt

Collector Crypt (CARDS) is 446.0× the size of OpenVPP (OVPP) by market capitalisation. Over the past 30 days, CARDS is ahead by 158.8 percentage points (OVPP -61.5% against CARDS +97.4%). Their daily returns move loosely in opposite directions (correlation -0.37 across 32 shared trading days). OVPP has been the more volatile of the two, at 285% annualised against CARDS's 224%.

Correlation: -0.37
Size ratio: 1 : 446.0
Ahead over 30 days: CARDS

OpenVPPOVPP

$0.000632

24h: +0.71%
Market cap: $518,077
Volume 24h: $2,576
Volatility (ann.): 285%

Collector CryptCARDS

$0.259327

24h: +3.90%
Market cap: $231.05M
Volume 24h: $6.82M
Volatility (ann.): 224%

OVPP 0.2%Share of the two combined market caps99.8% CARDS

Performance

OVPPCARDS

7 days+17.58%-15.78%OVPP
30 days-61.46%+97.36%CARDS

Correlation

-0.37over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.3890d: 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	OVPP	CARDS
Max drawdown (400d)	-81.7%	-44.8%
Risk-adjusted return (90d)	-0.26	0.21

Relative strength over 90 days: CARDS outperformed OVPP by 78.2% — measured on the OVPP/CARDS ratio, so it holds regardless of market direction.

OpenVPP →Collector Crypt →