Ginza Network vs Tether

Ginza Network (GINZA) and Tether (USDT) compared side by side. Over the past 30 days, USDT is ahead by 5.5 percentage points (GINZA -5.6% against USDT -0.0%). Their daily returns move barely together (correlation 0.16 across 24 shared trading days). GINZA has been the more volatile of the two, at 14% annualised against USDT's 1%.

Correlation: 0.16
Ahead over 30 days: USDT

Ginza NetworkGINZA

$0.000474

24h: +0.20%
Market cap: —
Volume 24h: $446
Volatility (ann.): 14%

TetherUSDT

$0.999322

24h: +0.04%
Market cap: $178.25B
Volume 24h: $63.51B
Volatility (ann.): 1%

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

Performance

GINZAUSDT

7 days-0.35%+0.03%USDT
30 days-5.57%-0.04%USDT

Correlation

0.16over 24 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	GINZA	USDT
Max drawdown (400d)	-6.8%	-0.2%
Risk-adjusted return (90d)	-0.36	0.03

Relative strength over 90 days: USDT outperformed GINZA by 4.4% — measured on the GINZA/USDT ratio, so it holds regardless of market direction.

Ginza Network →Tether →