Moss Carbon Credit vs Tether

Moss Carbon Credit (MCO2) and Tether (USDT) compared side by side. Over the past 30 days, MCO2 is ahead by 50.9 percentage points (MCO2 +50.9% against USDT -0.0%). Their daily returns move loosely together (correlation 0.48 across 21 shared trading days). MCO2 has been the more volatile of the two, at 626% annualised against USDT's 1%.

Correlation: 0.48
Ahead over 30 days: MCO2

Moss Carbon CreditMCO2

$0.008744

24h: —
Market cap: —
Volume 24h: —
Volatility (ann.): 626%

TetherUSDT

$0.999382

24h: +0.04%
Market cap: $178.26B
Volume 24h: $63.30B
Volatility (ann.): 1%

MCO2 0.0%Share of the two combined market caps100.0% USDT

Performance

MCO2USDT

7 days+77.52%+0.03%MCO2
30 days+50.86%-0.04%MCO2

Correlation

0.48over 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	MCO2	USDT
Max drawdown (400d)	-66.0%	-0.2%
Risk-adjusted return (90d)	0.08	0.03

Relative strength over 90 days: MCO2 outperformed USDT by 53.2% — measured on the MCO2/USDT ratio, so it holds regardless of market direction.

Moss Carbon Credit →Tether →