BaseStonk vs Tether

Tether (USDT) is 330317.2× the size of BaseStonk (BSTONK) by market capitalisation. Over the past 30 days, USDT is ahead by 80.4 percentage points (BSTONK -80.5% against USDT -0.1%). Their daily returns move barely together (correlation 0.12 across 32 shared trading days). BSTONK has been the more volatile of the two, at 786% annualised against USDT's 1%.

Correlation: 0.12
Size ratio: 1 : 330317.2
Ahead over 30 days: USDT

BaseStonkBSTONK

$0.000616

24h: -0.58%
Market cap: $539,482
Volume 24h: $14,054
Volatility (ann.): 786%

TetherUSDT

$0.999031

24h: +0.04%
Market cap: $178.20B
Volume 24h: $49.20B
Volatility (ann.): 1%

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

Performance

BSTONKUSDT

7 days-36.58%+0.03%USDT
30 days-80.46%-0.08%USDT

Correlation

0.12over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1390d: 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	BSTONK	USDT
Max drawdown (400d)	-92.2%	-0.2%
Risk-adjusted return (90d)	-0.08	-0.03

Relative strength over 90 days: USDT outperformed BSTONK by 64.5% — measured on the BSTONK/USDT ratio, so it holds regardless of market direction.

BaseStonk →Tether →