BITCOIN CASH ON BASE vs USDS

USDS (USDS) is 230695.2× the size of BITCOIN CASH ON BASE (BCHB) by market capitalisation. Over the past 90 days, USDS is ahead by 55.6 percentage points (BCHB -55.5% against USDS +0.1%). Their daily returns move barely in opposite directions (correlation -0.19 across 183 shared trading days). BCHB has been the more volatile of the two, at 117% annualised against USDS's 1%.

Correlation: -0.19
Size ratio: 1 : 230695.2
Ahead over 90 days: USDS

BITCOIN CASH ON BASEBCHB

$0.002596

24h: +6.12%
Market cap: $41,308
Volume 24h: $30
Volatility (ann.): 117%

USDSUSDS

$1.0013

24h: +0.01%
Market cap: $9.53B
Volume 24h: $307.43M
Volatility (ann.): 1%

BCHB 0.0%Share of the two combined market caps100.0% USDS

Performance

BCHBUSDS

7 days-25.08%+0.39%USDS
30 days-31.52%+0.13%USDS
90 days-55.51%+0.08%USDS

Correlation

-0.19over 183 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.6390d: -0.441y: 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	BCHB	USDS
Max drawdown (400d)	-62.9%	-0.4%
Risk-adjusted return (90d)	-0.58	0.07

Relative strength over 90 days: USDS outperformed BCHB by 55.5% — measured on the BCHB/USDS ratio, so it holds regardless of market direction.

BITCOIN CASH ON BASE →USDS →