tao.bot vs Pieverse

Pieverse (PIEVERSE) is 80.3× the size of tao.bot (TAOBOT) by market capitalisation. Over the past 30 days, TAOBOT is ahead by 26.8 percentage points (TAOBOT +21.8% against PIEVERSE -4.9%). Their daily returns move closely together (correlation 0.73 across 30 shared trading days). TAOBOT has been the more volatile of the two, at 203% annualised against PIEVERSE's 145%.

Correlation: 0.73
Size ratio: 1 : 80.3
Ahead over 30 days: TAOBOT

tao.botTAOBOT

$0.049581

24h: -1.96%
Market cap: $3.97M
Volume 24h: $2,639
Volatility (ann.): 203%

PieversePIEVERSE

$1.1600

24h: -1.33%
Market cap: $318.47M
Volume 24h: $9.37M
Volatility (ann.): 145%

TAOBOT 1.2%Share of the two combined market caps98.8% PIEVERSE

Performance

TAOBOTPIEVERSE

7 days-1.68%+10.79%PIEVERSE
30 days+21.84%-4.92%TAOBOT

Correlation

0.73over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.7390d: 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	TAOBOT	PIEVERSE
Max drawdown (400d)	-46.0%	-38.7%
Risk-adjusted return (90d)	0.01	0.25

Relative strength over 90 days: PIEVERSE outperformed TAOBOT by 10.2% — measured on the TAOBOT/PIEVERSE ratio, so it holds regardless of market direction.

tao.bot →Pieverse →