TrenchBuddy vs Pieverse

Pieverse (PIEVERSE) is 1733.0× the size of TrenchBuddy (TRENCH) by market capitalisation. Over the past 30 days, PIEVERSE is ahead by 53.7 percentage points (TRENCH -52.9% against PIEVERSE +0.8%). Their daily returns move barely together (correlation 0.15 across 24 shared trading days). PIEVERSE has been the more volatile of the two, at 144% annualised against TRENCH's 88%.

Correlation: 0.15
Size ratio: 1 : 1733.0
Ahead over 30 days: PIEVERSE

TrenchBuddyTRENCH

$0.000197

24h: +4.92%
Market cap: $189,329
Volume 24h: $31
Volatility (ann.): 88%

PieversePIEVERSE

$1.1900

24h: +3.38%
Market cap: $328.10M
Volume 24h: $5.28M
Volatility (ann.): 144%

TRENCH 0.1%Share of the two combined market caps99.9% PIEVERSE

Performance

TRENCHPIEVERSE

7 days-7.87%+14.98%PIEVERSE
30 days-52.88%+0.85%PIEVERSE

Correlation

0.15over 24 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	TRENCH	PIEVERSE
Max drawdown (400d)	-55.0%	-38.7%
Risk-adjusted return (90d)	-0.57	0.28

Relative strength over 90 days: PIEVERSE outperformed TRENCH by 39.1% — measured on the TRENCH/PIEVERSE ratio, so it holds regardless of market direction.

TrenchBuddy →Pieverse →