SuperReturn sSuperUSD vs Falcon USD

Falcon USD (USDF) is 23937.0× the size of SuperReturn sSuperUSD (SSUPERUSD) by market capitalisation. Over the past 30 days, SSUPERUSD is ahead by 0.9 percentage points (SSUPERUSD +0.5% against USDF -0.5%). Their daily returns move barely in opposite directions (correlation -0.12 across 20 shared trading days). SSUPERUSD has been the more volatile of the two, at 7% annualised against USDF's 1%.

Correlation: -0.12
Size ratio: 1 : 23937.0
Ahead over 30 days: SSUPERUSD

SuperReturn sSuperUSDSSUPERUSD

$1.0690

24h: -2.26%
Market cap: $76,477
Volume 24h: $22
Volatility (ann.): 7%

Falcon USDUSDF

$0.992577

24h: +0.04%
Market cap: $1.83B
Volume 24h: $765,994
Volatility (ann.): 1%

SSUPERUSD 0.0%Share of the two combined market caps100.0% USDF

Performance

SSUPERUSDUSDF

7 days-0.18%-0.30%SSUPERUSD
30 days+0.46%-0.48%SSUPERUSD

Correlation

-0.12over 20 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	SSUPERUSD	USDF
Max drawdown (400d)	-0.9%	-0.6%
Risk-adjusted return (90d)	0.06	-0.39

Relative strength over 90 days: SSUPERUSD outperformed USDF by 0.8% — measured on the SSUPERUSD/USDF ratio, so it holds regardless of market direction.

SuperReturn sSuperUSD →Falcon USD →