Mento Japanese Yen vs USDS

USDS (USDS) is 130090.8× the size of Mento Japanese Yen (JPYM) by market capitalisation. Over the past 90 days, USDS is ahead by 0.8 percentage points (JPYM -0.8% against USDS +0.0%). Their daily returns move barely together (correlation 0.12 across 68 shared trading days). JPYM has been the more volatile of the two, at 11% annualised against USDS's 1%.

Correlation: 0.12
Size ratio: 1 : 130090.8
Ahead over 90 days: USDS

Mento Japanese YenJPYM

$0.006258

24h: —
Market cap: $73,375
Volume 24h: —
Volatility (ann.): 11%

USDSUSDS

$1.0013

24h: -0.01%
Market cap: $9.55B
Volume 24h: $334.49M
Volatility (ann.): 1%

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

Performance

JPYMUSDS

7 days-0.29%+0.00%USDS
30 days+0.72%+0.07%JPYM
90 days-0.79%+0.00%USDS

Correlation

0.12over 68 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1990d: 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	JPYM	USDS
Max drawdown (400d)	-7.0%	-0.4%
Risk-adjusted return (90d)	-0.07	0.00

Relative strength over 90 days: USDS outperformed JPYM by 0.2% — measured on the JPYM/USDS ratio, so it holds regardless of market direction.

Mento Japanese Yen →USDS →