Reserve AI Capacity & Neocloud DTF vs Tether

Tether (USDT) is 103130.2× the size of Reserve AI Capacity & Neocloud DTF (NEOCLOUD) by market capitalisation. Over the past 30 days, NEOCLOUD is ahead by 8.7 percentage points (NEOCLOUD +8.6% against USDT -0.1%). Their daily returns move loosely together (correlation 0.36 across 21 shared trading days). NEOCLOUD has been the more volatile of the two, at 65% annualised against USDT's 1%.

Correlation: 0.36
Size ratio: 1 : 103130.2
Ahead over 30 days: NEOCLOUD

Reserve AI Capacity & Neocloud DTFNEOCLOUD

$46.1400

24h: +11.46%
Market cap: $1.73M
Volume 24h: $67,908
Volatility (ann.): 65%

TetherUSDT

$0.998961

24h: +0.03%
Market cap: $178.19B
Volume 24h: $49.81B
Volatility (ann.): 1%

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

Performance

NEOCLOUDUSDT

7 days-7.35%+0.03%USDT
30 days+8.58%-0.08%NEOCLOUD

Correlation

0.36over 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	NEOCLOUD	USDT
Max drawdown (400d)	-16.0%	-0.2%
Risk-adjusted return (90d)	0.13	-0.03

Relative strength over 90 days: NEOCLOUD outperformed USDT by 8.7% — measured on the NEOCLOUD/USDT ratio, so it holds regardless of market direction.

Reserve AI Capacity & Neocloud DTF →Tether →