ProjectVex vs Venice Token

Venice Token (VVV) is 836.3× the size of ProjectVex (VEX) by market capitalisation. Over the past 30 days, VVV is ahead by 44.7 percentage points (VEX -47.4% against VVV -2.8%). Their daily returns move barely in opposite directions (correlation -0.03 across 30 shared trading days). VEX has been the more volatile of the two, at 313% annualised against VVV's 170%.

Correlation: -0.03
Size ratio: 1 : 836.3
Ahead over 30 days: VVV

ProjectVexVEX

$0.001246

24h: -6.43%
Market cap: $1.25M
Volume 24h: $675,479
Volatility (ann.): 313%

Venice TokenVVV

$21.3400

24h: -5.31%
Market cap: $1.04B
Volume 24h: $56.37M
Volatility (ann.): 170%

VEX 0.1%Share of the two combined market caps99.9% VVV

Performance

VEXVVV

7 days-12.52%-12.69%VEX
30 days-47.43%-2.78%VVV

Correlation

-0.03over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0390d: 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	VEX	VVV
Max drawdown (400d)	-74.5%	-29.6%
Risk-adjusted return (90d)	-0.23	0.54

Relative strength over 90 days: VVV outperformed VEX by 79.2% — measured on the VEX/VVV ratio, so it holds regardless of market direction.

ProjectVex →Venice Token →