Sapien vs Venice Token

Venice Token (VVV) is 74.2× the size of Sapien (SAPIEN) by market capitalisation. Their daily returns move barely together (correlation 0.32 across 58 shared trading days). VVV has been the more volatile of the two, at 170% annualised against SAPIEN's 125%.

Correlation: 0.32
Size ratio: 1 : 74.2

SapienSAPIEN

$0.050800

24h: +0.55%
Market cap: $14.34M
Volume 24h: $389,977
Volatility (ann.): 125%

Venice TokenVVV

$21.7900

24h: -4.04%
Market cap: $1.06B
Volume 24h: $53.68M
Volatility (ann.): 170%

SAPIEN 1.3%Share of the two combined market caps98.7% VVV

Performance

SAPIENVVV

7 days-10.85%-12.69%SAPIEN
30 days-33.40%-2.78%VVV
90 days-36.91%——
1 year-85.47%——

Correlation

0.32over 58 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.8090d: 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	SAPIEN	VVV
Max drawdown (400d)	-85.8%	-29.6%
Risk-adjusted return (90d)	-0.64	0.54

Relative strength over 90 days: VVV outperformed SAPIEN by 66.0% — measured on the SAPIEN/VVV ratio, so it holds regardless of market direction.

Sapien →Venice Token →