RaveDAO vs Venice Token

Venice Token (VVV) is 27.1× the size of RaveDAO (RAVE) by market capitalisation. Over the past 30 days, VVV is ahead by 23.2 percentage points (RAVE -23.2% against VVV +0.0%). Their daily returns move loosely together (correlation 0.50 across 51 shared trading days). VVV has been the more volatile of the two, at 169% annualised against RAVE's 89%.

Correlation: 0.50
Size ratio: 1 : 27.1
Ahead over 30 days: VVV

RaveDAORAVE

$0.140772

24h: +3.43%
Market cap: $38.04M
Volume 24h: $1.03M
Volatility (ann.): 89%

Venice TokenVVV

$21.1200

24h: -3.63%
Market cap: $1.03B
Volume 24h: $57.28M
Volatility (ann.): 169%

RAVE 3.6%Share of the two combined market caps96.4% VVV

Performance

RAVEVVV

7 days-2.89%-9.39%RAVE
30 days-23.18%+0.00%VVV

Correlation

0.50over 51 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6590d: 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	RAVE	VVV
Max drawdown (400d)	-56.3%	-29.6%
Risk-adjusted return (90d)	-0.58	0.50

Relative strength over 90 days: VVV outperformed RAVE by 67.8% — measured on the RAVE/VVV ratio, so it holds regardless of market direction.

RaveDAO →Venice Token →