ROVR Network vs Venice Token

Venice Token (VVV) is 974.2× the size of ROVR Network (ROVR) by market capitalisation. Over the past 30 days, VVV is ahead by 25.9 percentage points (ROVR -28.7% against VVV -2.8%). Their daily returns move barely together (correlation 0.28 across 29 shared trading days). VVV has been the more volatile of the two, at 170% annualised against ROVR's 135%.

Correlation: 0.28
Size ratio: 1 : 974.2
Ahead over 30 days: VVV

ROVR NetworkROVR

$0.000116

24h: +0.69%
Market cap: $1.15M
Volume 24h: $119
Volatility (ann.): 135%

Venice TokenVVV

$23.0100

24h: +4.11%
Market cap: $1.12B
Volume 24h: $40.58M
Volatility (ann.): 170%

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

Performance

ROVRVVV

7 days-12.72%-12.69%VVV
30 days-28.67%-2.78%VVV

Correlation

0.28over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2890d: 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	ROVR	VVV
Max drawdown (400d)	-39.9%	-29.6%
Risk-adjusted return (90d)	-0.27	0.54

Relative strength over 90 days: VVV outperformed ROVR by 51.5% — measured on the ROVR/VVV ratio, so it holds regardless of market direction.

ROVR Network →Venice Token →