Verified Emeralds vs Goldfish Gold

Verified Emeralds (VEREM) is 1.2× the size of Goldfish Gold (GGBR) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.18 across 45 shared trading days). VEREM has been the more volatile of the two, at 1134% annualised against GGBR's 41%.

Correlation: -0.18
Size ratio: 1.2×

Verified EmeraldsVEREM

$37.9600

24h: +5.56%
Market cap: $94.91M
Volume 24h: $216,801
Volatility (ann.): 1134%

Goldfish GoldGGBR

$4.0400

24h: +3.40%
Market cap: $82.45M
Volume 24h: $100,739
Volatility (ann.): 41%

VEREM 53.5%Share of the two combined market caps46.5% GGBR

Performance

VEREMGGBR

7 days-16.58%-2.96%GGBR
30 days+794.52%-1.75%VEREM
90 days+827.56%——

Correlation

-0.18over 45 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2290d: 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	VEREM	GGBR
Max drawdown (400d)	-99.3%	-16.6%
Risk-adjusted return (90d)	0.46	-0.23

Relative strength over 90 days: VEREM outperformed GGBR by 618.3% — measured on the VEREM/GGBR ratio, so it holds regardless of market direction.

Verified Emeralds →Goldfish Gold →