Spectral vs Venice Token

Venice Token (VVV) is 4378.8× the size of Spectral (SPEC) by market capitalisation. Over the past 30 days, VVV is ahead by 39.4 percentage points (SPEC -39.4% against VVV +0.0%). Their daily returns move barely in opposite directions (correlation -0.04 across 23 shared trading days). VVV has been the more volatile of the two, at 169% annualised against SPEC's 146%.

Correlation: -0.04
Size ratio: 1 : 4378.8
Ahead over 30 days: VVV

SpectralSPEC

$0.004561

24h: -10.89%
Market cap: $242,440
Volume 24h: $791
Volatility (ann.): 146%

Venice TokenVVV

$21.7100

24h: -2.93%
Market cap: $1.06B
Volume 24h: $57.32M
Volatility (ann.): 169%

SPEC 0.0%Share of the two combined market caps100.0% VVV

Performance

SPECVVV

7 days-12.09%-9.39%VVV
30 days-39.45%+0.00%VVV

Correlation

-0.04over 23 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	SPEC	VVV
Max drawdown (400d)	-39.5%	-29.6%
Risk-adjusted return (90d)	-0.15	0.50

Relative strength over 90 days: VVV outperformed SPEC by 24.1% — measured on the SPEC/VVV ratio, so it holds regardless of market direction.

Spectral →Venice Token →