Acet vs Tether

Tether (USDT) is 92643.2× the size of Acet (ACT) by market capitalisation. Over the past 30 days, USDT is ahead by 7.6 percentage points (ACT -7.6% against USDT -0.1%). Their daily returns move loosely in opposite directions (correlation -0.49 across 30 shared trading days). ACT has been the more volatile of the two, at 56% annualised against USDT's 1%.

Correlation: -0.49
Size ratio: 1 : 92643.2
Ahead over 30 days: USDT

AcetACT

$0.000868

24h: +1.75%
Market cap: $1.92M
Volume 24h: $804
Volatility (ann.): 56%

TetherUSDT

$0.999338

24h: +0.02%
Market cap: $178.26B
Volume 24h: $64.56B
Volatility (ann.): 1%

ACT 0.0%Share of the two combined market caps100.0% USDT

Performance

ACTUSDT

7 days-6.57%+0.03%USDT
30 days-7.64%-0.08%USDT

Correlation

-0.49over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.4990d: 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	ACT	USDT
Max drawdown (400d)	-20.6%	-0.2%
Risk-adjusted return (90d)	0.04	-0.03

Relative strength over 90 days: ACT outperformed USDT by 2.2% — measured on the ACT/USDT ratio, so it holds regardless of market direction.

Acet →Tether →