Bomb Crypto (POL) vs Tether

Tether (USDT) is 142097.7× the size of Bomb Crypto (POL) (BCOIN) by market capitalisation. Over the past 30 days, USDT is ahead by 31.0 percentage points (BCOIN -31.1% against USDT -0.1%). Their daily returns move barely together (correlation 0.03 across 23 shared trading days). BCOIN has been the more volatile of the two, at 49% annualised against USDT's 1%.

Correlation: 0.03
Size ratio: 1 : 142097.7
Ahead over 30 days: USDT

Bomb Crypto (POL)BCOIN

$0.013027

24h: —
Market cap: $1.25M
Volume 24h: —
Volatility (ann.): 49%

TetherUSDT

$0.999003

24h: +0.03%
Market cap: $178.19B
Volume 24h: $48.44B
Volatility (ann.): 1%

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

Performance

BCOINUSDT

7 days-8.69%+0.03%USDT
30 days-31.09%-0.08%USDT

Correlation

0.03over 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	BCOIN	USDT
Max drawdown (400d)	-32.7%	-0.2%
Risk-adjusted return (90d)	-0.64	-0.03

Relative strength over 90 days: USDT outperformed BCOIN by 26.7% — measured on the BCOIN/USDT ratio, so it holds regardless of market direction.

Bomb Crypto (POL) →Tether →