Stratton Market vs Tether

Tether (USDT) is 595191.1× the size of Stratton Market (STRATTON) by market capitalisation. Over the past 30 days, USDT is ahead by 92.1 percentage points (STRATTON -92.1% against USDT -0.1%). Their daily returns move barely together (correlation 0.33 across 22 shared trading days). STRATTON has been the more volatile of the two, at 588% annualised against USDT's 1%.

Correlation: 0.33
Size ratio: 1 : 595191.1
Ahead over 30 days: USDT

Stratton MarketSTRATTON

$0.000299

24h: -14.78%
Market cap: $299,438
Volume 24h: $4,705
Volatility (ann.): 588%

TetherUSDT

$0.999148

24h: +0.04%
Market cap: $178.22B
Volume 24h: $56.79B
Volatility (ann.): 1%

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

Performance

STRATTONUSDT

7 days+64.90%+0.03%STRATTON
30 days-92.13%-0.08%USDT

Correlation

0.33over 22 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	STRATTON	USDT
Max drawdown (400d)	-95.6%	-0.2%
Risk-adjusted return (90d)	-0.16	-0.03

Relative strength over 90 days: USDT outperformed STRATTON by 92.1% — measured on the STRATTON/USDT ratio, so it holds regardless of market direction.

Stratton Market →Tether →