Jurassic Finance vs Tether

Tether (USDT) is 251614.0× the size of Jurassic Finance (RAWR) by market capitalisation. Over the past 30 days, RAWR is ahead by 72.8 percentage points (RAWR +72.8% against USDT -0.0%). Their daily returns move barely together (correlation 0.07 across 27 shared trading days). RAWR has been the more volatile of the two, at 588% annualised against USDT's 1%.

Correlation: 0.07
Size ratio: 1 : 251614.0
Ahead over 30 days: RAWR

Jurassic FinanceRAWR

$0.027460

24h: +9.42%
Market cap: $708,437
Volume 24h: $8,403
Volatility (ann.): 588%

TetherUSDT

$0.999322

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

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

Performance

RAWRUSDT

7 days+10.40%+0.03%RAWR
30 days+72.75%-0.04%RAWR

Correlation

0.07over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0790d: 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	RAWR	USDT
Max drawdown (400d)	-76.8%	-0.2%
Risk-adjusted return (90d)	0.03	0.03

Relative strength over 90 days: RAWR outperformed USDT by 17.7% — measured on the RAWR/USDT ratio, so it holds regardless of market direction.

Jurassic Finance →Tether →