A7A5 vs Tether

Tether (USDT) is 374.2× the size of A7A5 (A7A5) by market capitalisation. Over the past 30 days, A7A5 is ahead by 2.7 percentage points (A7A5 +2.7% against USDT -0.1%). Their daily returns move barely together (correlation 0.26 across 58 shared trading days). A7A5 has been the more volatile of the two, at 1511% annualised against USDT's 1%.

Correlation: 0.26
Size ratio: 1 : 374.2
Ahead over 30 days: A7A5

A7A5A7A5

$0.012133

24h: +1.18%
Market cap: $476.15M
Volume 24h: $6,839
Volatility (ann.): 1511%

TetherUSDT

$0.999009

24h: +0.04%
Market cap: $178.20B
Volume 24h: $49.39B
Volatility (ann.): 1%

A7A5 0.3%Share of the two combined market caps99.7% USDT

Performance

A7A5USDT

7 days-0.86%+0.03%USDT
30 days+2.67%-0.08%A7A5

Correlation

0.26over 58 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2990d: 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	A7A5	USDT
Max drawdown (400d)	-85.7%	-0.2%
Risk-adjusted return (90d)	0.00	-0.03

Relative strength over 90 days: A7A5 outperformed USDT by 2.9% — measured on the A7A5/USDT ratio, so it holds regardless of market direction.

A7A5 →Tether →