KAIO vs Tether Gold

Tether Gold (XAUT) is 229.5× the size of KAIO (KAIO) by market capitalisation. Over the past 90 days, KAIO is ahead by 27.0 percentage points (KAIO +19.3% against XAUT -7.6%). Their daily returns move barely in opposite directions (correlation -0.07 across 150 shared trading days). KAIO has been the more volatile of the two, at 300% annualised against XAUT's 24%.

Correlation: -0.07
Size ratio: 1 : 229.5
Ahead over 90 days: KAIO

KAIOKAIO

$0.020850

24h: -2.24%
Market cap: $14.20M
Volume 24h: $411,007
Volatility (ann.): 300%

Tether GoldXAUT

$4,028.44

24h: +2.41%
Market cap: $3.26B
Volume 24h: $245.51M
Volatility (ann.): 24%

KAIO 0.4%Share of the two combined market caps99.6% XAUT

Performance

KAIOXAUT

7 days+78.37%-3.11%KAIO
30 days+38.15%-5.07%KAIO
90 days+19.33%-7.64%KAIO

Correlation

-0.07over 150 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.3090d: -0.121y: 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	KAIO	XAUT
Max drawdown (400d)	-93.1%	-19.4%
Risk-adjusted return (90d)	0.06	-0.36

Relative strength over 90 days: KAIO outperformed XAUT by 28.1% — measured on the KAIO/XAUT ratio, so it holds regardless of market direction.

KAIO →Tether Gold →