Permission Coin vs Venice Token

Venice Token (VVV) is 560.2× the size of Permission Coin (ASK) by market capitalisation. Over the past 30 days, VVV is ahead by 1.0 percentage points (ASK -3.7% against VVV -2.8%). Their daily returns move loosely together (correlation 0.39 across 30 shared trading days). VVV has been the more volatile of the two, at 170% annualised against ASK's 19%.

Correlation: 0.39
Size ratio: 1 : 560.2
Ahead over 30 days: VVV

Permission CoinASK

$8.738e-5

24h: +0.23%
Market cap: $2.02M
Volume 24h: $61
Volatility (ann.): 19%

Venice TokenVVV

$23.1800

24h: +4.53%
Market cap: $1.13B
Volume 24h: $41.37M
Volatility (ann.): 170%

ASK 0.2%Share of the two combined market caps99.8% VVV

Performance

ASKVVV

7 days-1.78%-12.69%ASK
30 days-3.75%-2.78%VVV

Correlation

0.39over 30 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	ASK	VVV
Max drawdown (400d)	-6.9%	-29.6%
Risk-adjusted return (90d)	-0.21	0.54

Relative strength over 90 days: VVV outperformed ASK by 26.9% — measured on the ASK/VVV ratio, so it holds regardless of market direction.

Permission Coin →Venice Token →