AnonymousCodingCult vs Tether

Tether (USDT) is 1015703.5× the size of AnonymousCodingCult (ACC) by market capitalisation. Over the past 30 days, USDT is ahead by 26.2 percentage points (ACC -26.3% against USDT -0.0%). Their daily returns move barely together (correlation 0.24 across 24 shared trading days). ACC has been the more volatile of the two, at 146% annualised against USDT's 1%.

Correlation: 0.24
Size ratio: 1 : 1015703.5
Ahead over 30 days: USDT

AnonymousCodingCultACC

$0.026762

24h: +2.91%
Market cap: $175,524
Volume 24h: $200
Volatility (ann.): 146%

TetherUSDT

$0.999476

24h: +0.05%
Market cap: $178.28B
Volume 24h: $57.41B
Volatility (ann.): 1%

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

Performance

ACCUSDT

7 days-5.59%+0.03%USDT
30 days-26.28%-0.04%USDT

Correlation

0.24over 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	ACC	USDT
Max drawdown (400d)	-30.6%	-0.2%
Risk-adjusted return (90d)	-0.09	0.03

Relative strength over 90 days: USDT outperformed ACC by 4.6% — measured on the ACC/USDT ratio, so it holds regardless of market direction.

AnonymousCodingCult →Tether →