BioLLM vs Tether

Tether (USDT) is 253797.3× the size of BioLLM (BIOLLM) by market capitalisation. Over the past 30 days, USDT is ahead by 17.6 percentage points (BIOLLM -17.7% against USDT -0.1%). Their daily returns move barely together (correlation 0.06 across 23 shared trading days). BIOLLM has been the more volatile of the two, at 218% annualised against USDT's 1%.

Correlation: 0.06
Size ratio: 1 : 253797.3
Ahead over 30 days: USDT

BioLLMBIOLLM

$0.000708

24h: -1.79%
Market cap: $702,385
Volume 24h: $615
Volatility (ann.): 218%

TetherUSDT

$0.999382

24h: +0.02%
Market cap: $178.26B
Volume 24h: $63.95B
Volatility (ann.): 1%

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

Performance

BIOLLMUSDT

7 days-14.00%+0.03%USDT
30 days-17.66%-0.08%USDT

Correlation

0.06over 23 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	BIOLLM	USDT
Max drawdown (400d)	-46.0%	-0.2%
Risk-adjusted return (90d)	0.02	-0.03

Relative strength over 90 days: USDT outperformed BIOLLM by 23.2% — measured on the BIOLLM/USDT ratio, so it holds regardless of market direction.

BioLLM →Tether →