Hacken vs USDS

USDS (USDS) is 8222.9× the size of Hacken (HAI) by market capitalisation. Over the past 90 days, USDS is ahead by 9.1 percentage points (HAI -9.1% against USDS +0.0%). Their daily returns move barely in opposite directions (correlation -0.03 across 107 shared trading days). HAI has been the more volatile of the two, at 963% annualised against USDS's 1%.

Correlation: -0.03
Size ratio: 1 : 8222.9
Ahead over 90 days: USDS

HackenHAI

$0.001398

24h: +1.67%
Market cap: $1.16M
Volume 24h: $53,858
Volatility (ann.): 963%

USDSUSDS

$1.0010

24h: +0.02%
Market cap: $9.58B
Volume 24h: $209.62M
Volatility (ann.): 1%

HAI 0.0%Share of the two combined market caps100.0% USDS

Performance

HAIUSDS

7 days-5.35%-0.02%USDS
30 days-1.71%+0.09%USDS
90 days-9.10%+0.01%USDS

Correlation

-0.03over 107 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0490d: -0.031y: 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	HAI	USDS
Max drawdown (400d)	-84.8%	-0.4%
Risk-adjusted return (90d)	-0.01	0.01

Relative strength over 90 days: USDS outperformed HAI by 9.2% — measured on the HAI/USDS ratio, so it holds regardless of market direction.

Hacken →USDS →