SQD vs Venice Token

Venice Token (VVV) is 45.8× the size of SQD (SQD) by market capitalisation. Over the past 30 days, VVV is ahead by 41.6 percentage points (SQD -44.4% against VVV -2.8%). Their daily returns move barely together (correlation 0.30 across 48 shared trading days). VVV has been the more volatile of the two, at 170% annualised against SQD's 132%.

Correlation: 0.30
Size ratio: 1 : 45.8
Ahead over 30 days: VVV

SQDSQD

$0.018895

24h: +2.70%
Market cap: $24.77M
Volume 24h: $705,752
Volatility (ann.): 132%

Venice TokenVVV

$23.2400

24h: +6.10%
Market cap: $1.13B
Volume 24h: $41.86M
Volatility (ann.): 170%

SQD 2.1%Share of the two combined market caps97.9% VVV

Performance

SQDVVV

7 days-9.36%-12.69%SQD
30 days-44.39%-2.78%VVV

Correlation

0.30over 48 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4590d: 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	SQD	VVV
Max drawdown (400d)	-56.0%	-29.6%
Risk-adjusted return (90d)	-0.40	0.54

Relative strength over 90 days: VVV outperformed SQD by 68.9% — measured on the SQD/VVV ratio, so it holds regardless of market direction.

SQD →Venice Token →