LiveArt vs Tether Gold

Tether Gold (XAUT) is 29944.6× the size of LiveArt (ART) by market capitalisation. Over the past 90 days, XAUT is ahead by 23.3 percentage points (ART -27.7% against XAUT -4.4%). Their daily returns move barely together (correlation 0.14 across 111 shared trading days). ART has been the more volatile of the two, at 147% annualised against XAUT's 24%.

Correlation: 0.14
Size ratio: 1 : 29944.6
Ahead over 90 days: XAUT

LiveArtART

$0.000179

24h: -1.21%
Market cap: $110,428
Volume 24h: $192,124
Volatility (ann.): 147%

Tether GoldXAUT

$4,089.81

24h: +1.10%
Market cap: $3.31B
Volume 24h: $408.16M
Volatility (ann.): 24%

ART 0.0%Share of the two combined market caps100.0% XAUT

Performance

ARTXAUT

7 days-11.60%+0.05%XAUT
30 days+9.67%-2.08%ART
90 days-27.70%-4.40%XAUT

Correlation

0.14over 111 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2390d: 0.191y: 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	ART	XAUT
Max drawdown (400d)	-54.3%	-19.4%
Risk-adjusted return (90d)	-0.17	-0.20

Relative strength over 90 days: XAUT outperformed ART by 26.8% — measured on the ART/XAUT ratio, so it holds regardless of market direction.

LiveArt →Tether Gold →