heyaskr vs Tether

Tether (USDT) is 730117.1× the size of heyaskr (ASKR) by market capitalisation. Over the past 30 days, USDT is ahead by 83.1 percentage points (ASKR -83.2% against USDT -0.1%). Their daily returns move barely in opposite directions (correlation -0.25 across 23 shared trading days). ASKR has been the more volatile of the two, at 470% annualised against USDT's 1%.

Correlation: -0.25
Size ratio: 1 : 730117.1
Ahead over 30 days: USDT

heyaskrASKR

$0.000322

24h: +7.15%
Market cap: $244,125
Volume 24h: $8,796
Volatility (ann.): 470%

TetherUSDT

$0.999249

24h: +0.04%
Market cap: $178.24B
Volume 24h: $59.40B
Volatility (ann.): 1%

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

Performance

ASKRUSDT

7 days-9.03%+0.03%USDT
30 days-83.16%-0.08%USDT

Correlation

-0.25over 23 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	ASKR	USDT
Max drawdown (400d)	-93.2%	-0.2%
Risk-adjusted return (90d)	-0.18	-0.03

Relative strength over 90 days: USDT outperformed ASKR by 65.0% — measured on the ASKR/USDT ratio, so it holds regardless of market direction.

heyaskr →Tether →