VERONICA by Virtuals vs Insane Labz (Base)

VERONICA by Virtuals (VERONICA) is 1.0× the size of Insane Labz (Base) (LABZ) by market capitalisation. Over the past 90 days, VERONICA is ahead by 48.3 percentage points (VERONICA -10.3% against LABZ -58.7%). Their daily returns move closely together (correlation 0.65 across 39 shared trading days). LABZ has been the more volatile of the two, at 140% annualised against VERONICA's 100%.

Correlation: 0.65
Size ratio: 1.0×
Ahead over 90 days: VERONICA

VERONICA by VirtualsVERONICA

$0.000170

24h: —
Market cap: $169,684
Volume 24h: —
Volatility (ann.): 100%

Insane Labz (Base)LABZ

$0.000183

24h: —
Market cap: $161,869
Volume 24h: —
Volatility (ann.): 140%

VERONICA 51.2%Share of the two combined market caps48.8% LABZ

Performance

VERONICALABZ

7 days+15.83%-11.70%VERONICA
30 days+45.96%-9.06%VERONICA
90 days-10.31%-58.66%VERONICA

Correlation

0.65over 39 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6890d: 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	VERONICA	LABZ
Max drawdown (400d)	-69.5%	-70.9%
Risk-adjusted return (90d)	-0.10	-0.42

Relative strength over 90 days: LABZ outperformed VERONICA by 42.6% — measured on the VERONICA/LABZ ratio, so it holds regardless of market direction.

VERONICA by Virtuals →Insane Labz (Base) →