GMCoin vs Tether

Tether (USDT) is 57582.9× the size of GMCoin (GMCOIN) by market capitalisation. Over the past 30 days, USDT is ahead by 0.0 percentage points (GMCOIN -0.1% against USDT -0.1%). Their daily returns move closely together (correlation 0.72 across 21 shared trading days). GMCOIN has been the more volatile of the two, at 48% annualised against USDT's 1%.

Correlation: 0.72
Size ratio: 1 : 57582.9
Ahead over 30 days: USDT

GMCoinGMCOIN

$0.042980

24h: -0.16%
Market cap: $3.09M
Volume 24h: $2,048
Volatility (ann.): 48%

TetherUSDT

$0.999003

24h: +0.03%
Market cap: $178.19B
Volume 24h: $48.44B
Volatility (ann.): 1%

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

Performance

GMCOINUSDT

7 days-3.56%+0.03%USDT
30 days-0.10%-0.08%USDT

Correlation

0.72over 21 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	GMCOIN	USDT
Max drawdown (400d)	-7.8%	-0.2%
Risk-adjusted return (90d)	0.00	-0.03

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

GMCoin →Tether →