BLCKMRKT vs USDS

USDS (USDS) is 472951.8× the size of BLCKMRKT ($MRKT) by market capitalisation. Over the past 90 days, USDS is ahead by 14.2 percentage points ($MRKT -14.2% against USDS +0.0%). Their daily returns move barely in opposite directions (correlation -0.18 across 37 shared trading days). $MRKT has been the more volatile of the two, at 107% annualised against USDS's 1%.

Correlation: -0.18
Size ratio: 1 : 472951.8
Ahead over 90 days: USDS

BLCKMRKT$MRKT

$2.018e-7

24h: —
Market cap: $20,178
Volume 24h: —
Volatility (ann.): 107%

USDSUSDS

$1.0013

24h: -0.02%
Market cap: $9.54B
Volume 24h: $337.18M
Volatility (ann.): 1%

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

Performance

$MRKTUSDS

7 days+37.76%+0.00%$MRKT
30 days+11.33%+0.07%$MRKT
90 days-14.17%+0.00%USDS

Correlation

-0.18over 37 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1790d: 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	$MRKT	USDS
Max drawdown (400d)	-71.8%	-0.4%
Risk-adjusted return (90d)	-0.13	0.00

Relative strength over 90 days: $MRKT outperformed USDS by 19.1% — measured on the $MRKT/USDS ratio, so it holds regardless of market direction.

BLCKMRKT →USDS →