Pieverse (PIEVERSE) is 178.6× the size of Stability World AI (AIW) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.19 across 35 shared trading days). Both have run at a similar volatility, around 149% annualised.
AIWPIEVERSE
-0.19over 35 shared trading days
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.
| Metric | AIW | PIEVERSE |
|---|---|---|
| Max drawdown (400d) | -93.1% | -38.7% |
| Risk-adjusted return (90d) | -0.13 | 0.25 |
Relative strength over 90 days: PIEVERSE outperformed AIW by 68.2% — measured on the AIW/PIEVERSE ratio, so it holds regardless of market direction.