cGHS vs Tether

Tether (USDT) is 7621775.5× the size of cGHS (CGHS) by market capitalisation. Over the past 30 days, CGHS is ahead by 0.6 percentage points (CGHS +0.5% against USDT -0.1%). Their daily returns move loosely together (correlation 0.45 across 20 shared trading days). CGHS has been the more volatile of the two, at 15% annualised against USDT's 1%.

Correlation: 0.45
Size ratio: 1 : 7621775.5
Ahead over 30 days: CGHS

cGHSCGHS

$0.085479

24h: -0.54%
Market cap: $23,296
Volume 24h: $583
Volatility (ann.): 15%

TetherUSDT

$0.998932

24h: -0.05%
Market cap: $177.56B
Volume 24h: $69.94B
Volatility (ann.): 1%

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

Performance

CGHSUSDT

7 days+0.24%+0.07%CGHS
30 days+0.47%-0.09%CGHS

Correlation

0.45over 20 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	CGHS	USDT
Max drawdown (400d)	-2.3%	-0.2%
Risk-adjusted return (90d)	0.03	-0.05

Relative strength over 90 days: CGHS outperformed USDT by 0.6% — measured on the CGHS/USDT ratio, so it holds regardless of market direction.

cGHS →Tether →