three.ws vs Venice Token

Venice Token (VVV) is 1787.8× the size of three.ws (THREE) by market capitalisation. Over the past 30 days, VVV is ahead by 12.9 percentage points (THREE -15.7% against VVV -2.8%). Their daily returns move barely in opposite directions (correlation -0.23 across 28 shared trading days). THREE has been the more volatile of the two, at 318% annualised against VVV's 170%.

Correlation: -0.23
Size ratio: 1 : 1787.8
Ahead over 30 days: VVV

three.wsTHREE

$0.000643

24h: +24.59%
Market cap: $643,039
Volume 24h: $70,009
Volatility (ann.): 318%

Venice TokenVVV

$23.5600

24h: +4.80%
Market cap: $1.15B
Volume 24h: $43.61M
Volatility (ann.): 170%

THREE 0.1%Share of the two combined market caps99.9% VVV

Performance

THREEVVV

7 days+85.06%-12.69%THREE
30 days-15.71%-2.78%VVV

Correlation

-0.23over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2390d: 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	THREE	VVV
Max drawdown (400d)	-79.5%	-29.6%
Risk-adjusted return (90d)	-0.20	0.54

Relative strength over 90 days: VVV outperformed THREE by 71.2% — measured on the THREE/VVV ratio, so it holds regardless of market direction.

three.ws →Venice Token →