had to take profits sir vs Tether

Tether (USDT) is 1218661.2× the size of had to take profits sir (HTTPS) by market capitalisation. Over the past 30 days, USDT is ahead by 20.2 percentage points (HTTPS -20.3% against USDT -0.1%). Their daily returns move barely together (correlation 0.10 across 25 shared trading days). HTTPS has been the more volatile of the two, at 23175% annualised against USDT's 1%.

Correlation: 0.10
Size ratio: 1 : 1218661.2
Ahead over 30 days: USDT

had to take profits sirHTTPS

$0.000146

24h: +7.66%
Market cap: $145,698
Volume 24h: $14,478
Volatility (ann.): 23175%

TetherUSDT

$0.998937

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

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

Performance

HTTPSUSDT

7 days+15.58%+0.07%HTTPS
30 days-20.27%-0.09%USDT

Correlation

0.10over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1090d: 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	HTTPS	USDT
Max drawdown (400d)	-98.6%	-0.2%
Risk-adjusted return (90d)	0.23	-0.05

Relative strength over 90 days: HTTPS outperformed USDT by 44.3% — measured on the HTTPS/USDT ratio, so it holds regardless of market direction.

had to take profits sir →Tether →