TAGGER vs Pieverse

Pieverse (PIEVERSE) is 4.3× the size of TAGGER (TAG) by market capitalisation. Over the past 30 days, TAG is ahead by 12.5 percentage points (TAG +13.3% against PIEVERSE +0.8%). Their daily returns move loosely together (correlation 0.36 across 53 shared trading days). TAG has been the more volatile of the two, at 204% annualised against PIEVERSE's 144%.

Correlation: 0.36
Size ratio: 1 : 4.3
Ahead over 30 days: TAG

TAGGERTAG

$0.000753

24h: +5.03%
Market cap: $82.16M
Volume 24h: $2.05M
Volatility (ann.): 204%

PieversePIEVERSE

$1.2900

24h: +11.66%
Market cap: $354.75M
Volume 24h: $9.01M
Volatility (ann.): 144%

TAG 18.8%Share of the two combined market caps81.2% PIEVERSE

Performance

TAGPIEVERSE

7 days-9.01%+14.98%PIEVERSE
30 days+13.32%+0.85%TAG

Correlation

0.36over 53 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4990d: 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	TAG	PIEVERSE
Max drawdown (400d)	-52.8%	-38.7%
Risk-adjusted return (90d)	-0.11	0.28

Relative strength over 90 days: PIEVERSE outperformed TAG by 40.9% — measured on the TAG/PIEVERSE ratio, so it holds regardless of market direction.

TAGGER →Pieverse →