Solrouter vs Pieverse

Pieverse (PIEVERSE) is 582.3× the size of Solrouter (ROUTER) by market capitalisation. Over the past 30 days, PIEVERSE is ahead by 17.2 percentage points (ROUTER -22.2% against PIEVERSE -4.9%). Their daily returns move closely together (correlation 0.83 across 28 shared trading days). ROUTER has been the more volatile of the two, at 622% annualised against PIEVERSE's 145%.

Correlation: 0.83
Size ratio: 1 : 582.3
Ahead over 30 days: PIEVERSE

SolrouterROUTER

$0.000788

24h: -11.81%
Market cap: $558,086
Volume 24h: $2,470
Volatility (ann.): 622%

PieversePIEVERSE

$1.1800

24h: +1.60%
Market cap: $324.96M
Volume 24h: $5.86M
Volatility (ann.): 145%

ROUTER 0.2%Share of the two combined market caps99.8% PIEVERSE

Performance

ROUTERPIEVERSE

7 days-5.17%+10.79%PIEVERSE
30 days-22.17%-4.92%PIEVERSE

Correlation

0.83over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.8390d: 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	ROUTER	PIEVERSE
Max drawdown (400d)	-78.4%	-38.7%
Risk-adjusted return (90d)	0.50	0.25

Relative strength over 90 days: ROUTER outperformed PIEVERSE by 261.4% — measured on the ROUTER/PIEVERSE ratio, so it holds regardless of market direction.

Solrouter →Pieverse →