Phi Protocol vs Venice Token

Venice Token (VVV) is 63642.2× the size of Phi Protocol (PHI) by market capitalisation. Over the past 30 days, VVV is ahead by 21.2 percentage points (PHI -21.2% against VVV +0.0%). Their daily returns move barely together (correlation 0.05 across 22 shared trading days). VVV has been the more volatile of the two, at 169% annualised against PHI's 45%.

Correlation: 0.05
Size ratio: 1 : 63642.2
Ahead over 30 days: VVV

Phi ProtocolPHI

$1.605e-5

24h: +5.81%
Market cap: $16,019
Volume 24h: $22
Volatility (ann.): 45%

Venice TokenVVV

$20.8500

24h: -4.51%
Market cap: $1.02B
Volume 24h: $47.49M
Volatility (ann.): 169%

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

Performance

PHIVVV

7 days-4.49%-9.39%PHI
30 days-21.22%+0.00%VVV

Correlation

0.05over 22 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	PHI	VVV
Max drawdown (400d)	-25.2%	-29.6%
Risk-adjusted return (90d)	-0.47	0.50

Relative strength over 90 days: VVV outperformed PHI by 14.1% — measured on the PHI/VVV ratio, so it holds regardless of market direction.

Phi Protocol →Venice Token →