Tri Sigma vs Venice Token

Venice Token (VVV) is 34191.9× the size of Tri Sigma (TRISIG) by market capitalisation. Over the past 30 days, VVV is ahead by 26.7 percentage points (TRISIG -26.7% against VVV +0.0%). Their daily returns move barely together (correlation 0.06 across 24 shared trading days). VVV has been the more volatile of the two, at 169% annualised against TRISIG's 46%.

Correlation: 0.06
Size ratio: 1 : 34191.9
Ahead over 30 days: VVV

Tri SigmaTRISIG

$2.983e-5

24h: +4.03%
Market cap: $29,817
Volume 24h: $7
Volatility (ann.): 46%

Venice TokenVVV

$20.8500

24h: -4.51%
Market cap: $1.02B
Volume 24h: $47.49M
Volatility (ann.): 169%

TRISIG 0.0%Share of the two combined market caps100.0% VVV

Performance

TRISIGVVV

7 days-8.90%-9.39%TRISIG
30 days-26.65%+0.00%VVV

Correlation

0.06over 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	TRISIG	VVV
Max drawdown (400d)	-27.1%	-29.6%
Risk-adjusted return (90d)	-0.55	0.50

Relative strength over 90 days: VVV outperformed TRISIG by 14.4% — measured on the TRISIG/VVV ratio, so it holds regardless of market direction.

Tri Sigma →Venice Token →