Sakura vs Pieverse

Pieverse (PIEVERSE) is 4299.1× the size of Sakura (SAKURA) by market capitalisation. Over the past 30 days, SAKURA is ahead by 13.6 percentage points (SAKURA +14.4% against PIEVERSE +0.8%). Their daily returns move barely in opposite directions (correlation -0.16 across 27 shared trading days). SAKURA has been the more volatile of the two, at 244% annualised against PIEVERSE's 144%.

Correlation: -0.16
Size ratio: 1 : 4299.1
Ahead over 30 days: SAKURA

SakuraSAKURA

$8.902e-5

24h: -2.11%
Market cap: $80,107
Volume 24h: $6,351
Volatility (ann.): 244%

PieversePIEVERSE

$1.2500

24h: +6.14%
Market cap: $344.39M
Volume 24h: $14.82M
Volatility (ann.): 144%

SAKURA 0.0%Share of the two combined market caps100.0% PIEVERSE

Performance

SAKURAPIEVERSE

7 days-13.87%+14.98%PIEVERSE
30 days+14.42%+0.85%SAKURA

Correlation

-0.16over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1690d: 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	SAKURA	PIEVERSE
Max drawdown (400d)	-34.6%	-38.7%
Risk-adjusted return (90d)	-0.01	0.28

Relative strength over 90 days: PIEVERSE outperformed SAKURA by 15.2% — measured on the SAKURA/PIEVERSE ratio, so it holds regardless of market direction.

Sakura →Pieverse →