silvercoin vs Tether

Tether (USDT) is 14258289.3× the size of silvercoin (SILVERCOIN) by market capitalisation. Over the past 30 days, USDT is ahead by 8.6 percentage points (SILVERCOIN -8.6% against USDT -0.0%). Their daily returns move barely in opposite directions (correlation -0.32 across 21 shared trading days). SILVERCOIN has been the more volatile of the two, at 229% annualised against USDT's 1%.

Correlation: -0.32
Size ratio: 1 : 14258289.3
Ahead over 30 days: USDT

silvercoinSILVERCOIN

$1.396e-5

24h: +1.21%
Market cap: $12,503
Volume 24h: $14
Volatility (ann.): 229%

TetherUSDT

$0.999409

24h: +0.05%
Market cap: $178.27B
Volume 24h: $58.65B
Volatility (ann.): 1%

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

Performance

SILVERCOINUSDT

7 days-10.78%+0.03%USDT
30 days-8.61%-0.04%USDT

Correlation

-0.32over 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	SILVERCOIN	USDT
Max drawdown (400d)	-42.0%	-0.2%
Risk-adjusted return (90d)	0.16	0.03

Relative strength over 90 days: USDT outperformed SILVERCOIN by 27.3% — measured on the SILVERCOIN/USDT ratio, so it holds regardless of market direction.

silvercoin →Tether →