OTCfi vs Tether

Tether (USDT) is 613409.4× the size of OTCfi (OTCFI) by market capitalisation. Over the past 30 days, USDT is ahead by 32.8 percentage points (OTCFI -32.8% against USDT -0.0%). Their daily returns move loosely together (correlation 0.36 across 24 shared trading days). OTCFI has been the more volatile of the two, at 86% annualised against USDT's 1%.

Correlation: 0.36
Size ratio: 1 : 613409.4
Ahead over 30 days: USDT

OTCfiOTCFI

$0.000301

24h: -0.20%
Market cap: $290,611
Volume 24h: $26
Volatility (ann.): 86%

TetherUSDT

$0.999382

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

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

Performance

OTCFIUSDT

7 days-13.93%+0.03%USDT
30 days-32.82%-0.04%USDT

Correlation

0.36over 24 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	OTCFI	USDT
Max drawdown (400d)	-48.7%	-0.2%
Risk-adjusted return (90d)	-0.52	0.03

Relative strength over 90 days: USDT outperformed OTCFI by 25.0% — measured on the OTCFI/USDT ratio, so it holds regardless of market direction.

OTCfi →Tether →