Tether (USDT) is 4221.7× the size of AI Analysis Token (AIAT) by market capitalisation. Over the past 30 days, AIAT is ahead by 51.1 percentage points (AIAT +51.1% against USDT +0.0%). Their daily returns move barely together (correlation 0.18 across 26 shared trading days). AIAT has been the more volatile of the two, at 72% annualised against USDT's 0%.
| Period | AIAT | USDT | Ahead |
|---|---|---|---|
| 7 days | +1.37% | -0.01% | AIAT |
| 30 days | +51.13% | +0.05% | AIAT |
| Metric | AIAT | USDT |
|---|---|---|
| Max drawdown (400d) | -2.8% | -0.0% |
| Risk-adjusted return (90d) | 0.71 | 0.19 |
Relative strength over 90 days: AIAT outperformed USDT by 49.6% — measured on the AIAT/USDT ratio, so it holds regardless of market direction.
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.