wire bot vs Venice Token

Venice Token (VVV) is 62925.3× the size of wire bot (WIRE) by market capitalisation. Over the past 30 days, VVV is ahead by 54.7 percentage points (WIRE -54.7% against VVV +0.0%). Their daily returns move barely together (correlation 0.17 across 24 shared trading days). VVV has been the more volatile of the two, at 169% annualised against WIRE's 85%.

Correlation: 0.17
Size ratio: 1 : 62925.3
Ahead over 30 days: VVV

wire botWIRE

$1.621e-5

24h: +6.74%
Market cap: $16,205
Volume 24h: $185
Volatility (ann.): 85%

Venice TokenVVV

$20.8500

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

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

Performance

WIREVVV

7 days-6.89%-9.39%WIRE
30 days-54.72%+0.00%VVV

Correlation

0.17over 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	WIRE	VVV
Max drawdown (400d)	-66.2%	-29.6%
Risk-adjusted return (90d)	-0.76	0.50

Relative strength over 90 days: VVV outperformed WIRE by 28.2% — measured on the WIRE/VVV ratio, so it holds regardless of market direction.

wire bot →Venice Token →