Auditchain vs Tether

Tether (USDT) is 94257.7× the size of Auditchain (AUDT) by market capitalisation. Over the past 30 days, AUDT is ahead by 10.5 percentage points (AUDT +10.4% against USDT -0.1%). Their daily returns move barely together (correlation 0.26 across 21 shared trading days). AUDT has been the more volatile of the two, at 172% annualised against USDT's 1%.

Correlation: 0.26
Size ratio: 1 : 94257.7
Ahead over 30 days: AUDT

AuditchainAUDT

$0.031109

24h: -8.66%
Market cap: $1.89M
Volume 24h: $199
Volatility (ann.): 172%

TetherUSDT

$0.999387

24h: +0.03%
Market cap: $178.27B
Volume 24h: $62.40B
Volatility (ann.): 1%

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

Performance

AUDTUSDT

7 days-33.40%+0.03%USDT
30 days+10.45%-0.08%AUDT

Correlation

0.26over 21 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	AUDT	USDT
Max drawdown (400d)	-34.9%	-0.2%
Risk-adjusted return (90d)	0.06	-0.03

Relative strength over 90 days: AUDT outperformed USDT by 38.5% — measured on the AUDT/USDT ratio, so it holds regardless of market direction.

Auditchain →Tether →