RST vs Tether

Tether (USDT) is 10280949.0× the size of RST (RST) by market capitalisation. Over the past 30 days, USDT is ahead by 34.7 percentage points (RST -34.7% against USDT -0.0%). Their daily returns move barely in opposite directions (correlation -0.19 across 23 shared trading days). RST has been the more volatile of the two, at 45% annualised against USDT's 1%.

Correlation: -0.19
Size ratio: 1 : 10280949.0
Ahead over 30 days: USDT

RSTRST

$1.752e-5

24h: +4.25%
Market cap: $17,268
Volume 24h: $19
Volatility (ann.): 45%

TetherUSDT

$0.999024

24h: -0.04%
Market cap: $177.53B
Volume 24h: $62.24B
Volatility (ann.): 1%

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

Performance

RSTUSDT

7 days-8.13%+0.03%USDT
30 days-34.74%-0.04%USDT

Correlation

-0.19over 23 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	RST	USDT
Max drawdown (400d)	-35.1%	-0.2%
Risk-adjusted return (90d)	-0.74	0.03

Relative strength over 90 days: USDT outperformed RST by 28.1% — measured on the RST/USDT ratio, so it holds regardless of market direction.

RST →Tether →