Universal Basic Compute vs Venice Token

Venice Token (VVV) is 21518.2× the size of Universal Basic Compute (UBC) by market capitalisation. Over the past 30 days, VVV is ahead by 23.5 percentage points (UBC -23.5% against VVV +0.0%). Their daily returns move barely together (correlation 0.02 across 24 shared trading days). VVV has been the more volatile of the two, at 169% annualised against UBC's 48%.

Correlation: 0.02
Size ratio: 1 : 21518.2
Ahead over 30 days: VVV

Universal Basic ComputeUBC

$4.740e-5

24h: +4.01%
Market cap: $47,389
Volume 24h: $8
Volatility (ann.): 48%

Venice TokenVVV

$20.8500

24h: -6.20%
Market cap: $1.02B
Volume 24h: $48.17M
Volatility (ann.): 169%

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

Performance

UBCVVV

7 days-4.50%-9.39%UBC
30 days-23.46%+0.00%VVV

Correlation

0.02over 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	UBC	VVV
Max drawdown (400d)	-27.6%	-29.6%
Risk-adjusted return (90d)	-0.48	0.50

Relative strength over 90 days: VVV outperformed UBC by 11.5% — measured on the UBC/VVV ratio, so it holds regardless of market direction.

Universal Basic Compute →Venice Token →