Polymtrade vs Pieverse

Pieverse (PIEVERSE) is 1126.9× the size of Polymtrade (PM) by market capitalisation. Over the past 30 days, PIEVERSE is ahead by 17.4 percentage points (PM -16.5% against PIEVERSE +0.8%). Their daily returns move barely together (correlation 0.06 across 24 shared trading days). PIEVERSE has been the more volatile of the two, at 144% annualised against PM's 92%.

Correlation: 0.06
Size ratio: 1 : 1126.9
Ahead over 30 days: PIEVERSE

PolymtradePM

$0.000400

24h: -1.26%
Market cap: $314,617
Volume 24h: $2,654
Volatility (ann.): 92%

PieversePIEVERSE

$1.2900

24h: +9.39%
Market cap: $354.54M
Volume 24h: $13.66M
Volatility (ann.): 144%

PM 0.1%Share of the two combined market caps99.9% PIEVERSE

Performance

PMPIEVERSE

7 days-12.18%+14.98%PIEVERSE
30 days-16.53%+0.85%PIEVERSE

Correlation

0.06over 24 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	PM	PIEVERSE
Max drawdown (400d)	-18.1%	-38.7%
Risk-adjusted return (90d)	-0.05	0.28

Relative strength over 90 days: PIEVERSE outperformed PM by 9.8% — measured on the PM/PIEVERSE ratio, so it holds regardless of market direction.

Polymtrade →Pieverse →