Victoria VR vs Pieverse

Pieverse (PIEVERSE) is 12.0× the size of Victoria VR (VR) by market capitalisation. Over the past 30 days, VR is ahead by 9.6 percentage points (VR +4.7% against PIEVERSE -4.9%). Their daily returns move barely together (correlation 0.24 across 34 shared trading days). PIEVERSE has been the more volatile of the two, at 145% annualised against VR's 17%.

Correlation: 0.24
Size ratio: 1 : 12.0
Ahead over 30 days: VR

Victoria VRVR

$0.001616

24h: +2.95%
Market cap: $27.14M
Volume 24h: $890,120
Volatility (ann.): 17%

PieversePIEVERSE

$1.1900

24h: +1.27%
Market cap: $326.12M
Volume 24h: $6.74M
Volatility (ann.): 145%

VR 7.7%Share of the two combined market caps92.3% PIEVERSE

Performance

VRPIEVERSE

7 days+5.48%+10.79%PIEVERSE
30 days+4.68%-4.92%VR

Correlation

0.24over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3490d: 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	VR	PIEVERSE
Max drawdown (400d)	-2.9%	-38.7%
Risk-adjusted return (90d)	0.28	0.25

Relative strength over 90 days: PIEVERSE outperformed VR by 9.5% — measured on the VR/PIEVERSE ratio, so it holds regardless of market direction.

Victoria VR →Pieverse →