PRXVT by Virtuals vs Venice Token

Venice Token (VVV) is 455.7× the size of PRXVT by Virtuals (PRXVT) by market capitalisation. Over the past 30 days, PRXVT is ahead by 33.9 percentage points (PRXVT +31.1% against VVV -2.8%). Their daily returns move barely in opposite directions (correlation -0.06 across 30 shared trading days). Both have run at a similar volatility, around 177% annualised.

Correlation: -0.06
Size ratio: 1 : 455.7
Ahead over 30 days: PRXVT

PRXVT by VirtualsPRXVT

$0.002590

24h: -2.12%
Market cap: $2.35M
Volume 24h: $3,002
Volatility (ann.): 185%

Venice TokenVVV

$21.9400

24h: -3.77%
Market cap: $1.07B
Volume 24h: $53.37M
Volatility (ann.): 170%

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

Performance

PRXVTVVV

7 days-8.68%-12.69%PRXVT
30 days+31.11%-2.78%PRXVT

Correlation

-0.06over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0690d: 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	PRXVT	VVV
Max drawdown (400d)	-19.9%	-29.6%
Risk-adjusted return (90d)	0.13	0.54

Relative strength over 90 days: VVV outperformed PRXVT by 5.9% — measured on the PRXVT/VVV ratio, so it holds regardless of market direction.

PRXVT by Virtuals →Venice Token →