World Mobile Token vs Venice Token

Venice Token (VVV) is 74.3× the size of World Mobile Token (WMTX) by market capitalisation. Over the past 30 days, VVV is ahead by 44.6 percentage points (WMTX -47.4% against VVV -2.8%). Their daily returns move barely in opposite directions (correlation -0.19 across 37 shared trading days). VVV has been the more volatile of the two, at 170% annualised against WMTX's 137%.

Correlation: -0.19
Size ratio: 1 : 74.3
Ahead over 30 days: VVV

World Mobile TokenWMTX

$0.017859

24h: -1.04%
Market cap: $15.21M
Volume 24h: $37,885
Volatility (ann.): 137%

Venice TokenVVV

$23.1800

24h: +4.53%
Market cap: $1.13B
Volume 24h: $41.37M
Volatility (ann.): 170%

WMTX 1.3%Share of the two combined market caps98.7% VVV

Performance

WMTXVVV

7 days-3.04%-12.69%WMTX
30 days-47.39%-2.78%VVV

Correlation

-0.19over 37 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	WMTX	VVV
Max drawdown (400d)	-51.8%	-29.6%
Risk-adjusted return (90d)	-0.36	0.54

Relative strength over 90 days: VVV outperformed WMTX by 62.5% — measured on the WMTX/VVV ratio, so it holds regardless of market direction.

World Mobile Token →Venice Token →