Kudo vs Tether

Tether (USDT) is 488258.0× the size of Kudo (KUDO) by market capitalisation. Over the past 30 days, USDT is ahead by 54.9 percentage points (KUDO -54.9% against USDT -0.0%). Their daily returns move barely together (correlation 0.14 across 21 shared trading days). KUDO has been the more volatile of the two, at 739% annualised against USDT's 0%.

Correlation: 0.14
Size ratio: 1 : 488258.0
Ahead over 30 days: USDT

KudoKUDO

$0.000528

24h: -12.15%
Market cap: $368,532
Volume 24h: $2,290
Volatility (ann.): 739%

TetherUSDT

$0.998969

24h: -0.05%
Market cap: $179.94B
Volume 24h: $31.82B
Volatility (ann.): 0%

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

Performance

KUDOUSDT

7 days-21.64%+0.01%USDT
30 days-54.91%-0.05%USDT

Correlation

0.14over 21 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	KUDO	USDT
Max drawdown (400d)	-78.8%	-0.2%
Risk-adjusted return (90d)	-0.07	-0.02

Relative strength over 90 days: USDT outperformed KUDO by 16.5% — measured on the KUDO/USDT ratio, so it holds regardless of market direction.

Kudo →Tether →