Clockers Room vs Tether

Tether (USDT) is 8293932.4× the size of Clockers Room (CLOCKERS) by market capitalisation. Over the past 30 days, USDT is ahead by 24.4 percentage points (CLOCKERS -24.5% against USDT -0.1%). Their daily returns move barely in opposite directions (correlation -0.10 across 23 shared trading days). CLOCKERS has been the more volatile of the two, at 83% annualised against USDT's 1%.

Correlation: -0.10
Size ratio: 1 : 8293932.4
Ahead over 30 days: USDT

Clockers RoomCLOCKERS

$2.141e-7

24h: —
Market cap: $21,408
Volume 24h: —
Volatility (ann.): 83%

TetherUSDT

$0.998937

24h: -0.04%
Market cap: $177.56B
Volume 24h: $67.91B
Volatility (ann.): 1%

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

Performance

CLOCKERSUSDT

7 days+3.82%+0.07%CLOCKERS
30 days-24.46%-0.09%USDT

Correlation

-0.10over 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	CLOCKERS	USDT
Max drawdown (400d)	-31.1%	-0.2%
Risk-adjusted return (90d)	-0.30	-0.05

Relative strength over 90 days: USDT outperformed CLOCKERS by 13.0% — measured on the CLOCKERS/USDT ratio, so it holds regardless of market direction.

Clockers Room →Tether →