GCoin vs Tether Gold

Tether Gold (XAUT) is 19104.5× the size of GCoin (GC) by market capitalisation. Over the past 90 days, XAUT is ahead by 84.2 percentage points (GC -91.9% against XAUT -7.6%). Their daily returns move barely together (correlation 0.01 across 112 shared trading days). GC has been the more volatile of the two, at 322% annualised against XAUT's 24%.

Correlation: 0.01
Size ratio: 1 : 19104.5
Ahead over 90 days: XAUT

GCoinGC

$0.001701

24h: -1.39%
Market cap: $170,146
Volume 24h: $33
Volatility (ann.): 322%

Tether GoldXAUT

$4,024.35

24h: +2.59%
Market cap: $3.25B
Volume 24h: $256.78M
Volatility (ann.): 24%

GC 0.0%Share of the two combined market caps100.0% XAUT

Performance

GCXAUT

7 days+22.92%-3.11%GC
30 days-91.54%-5.07%XAUT
90 days-91.85%-7.64%XAUT

Correlation

0.01over 112 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0190d: 0.021y: 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	GC	XAUT
Max drawdown (400d)	-97.7%	-19.4%
Risk-adjusted return (90d)	-0.22	-0.36

Relative strength over 90 days: XAUT outperformed GC by 90.1% — measured on the GC/XAUT ratio, so it holds regardless of market direction.

GCoin →Tether Gold →