USDS (USDS) is 2.5× the size of Gram (prev. Toncoin) (GRAM) by market capitalisation. Over the past 90 days, USDS is ahead by 17.1 percentage points (USDS -0.1% against GRAM -17.1%). Their daily returns move barely in opposite directions (correlation -0.20 across 80 shared trading days). GRAM has been the more volatile of the two, at 49% annualised against USDS's 0%.
| Period | USDS | GRAM | Ahead |
|---|---|---|---|
| 7 days | +0.01% | -0.22% | USDS |
| 30 days | +0.01% | -1.07% | USDS |
| 90 days | -0.07% | -17.15% | USDS |
| Metric | USDS | GRAM |
|---|---|---|
| Max drawdown (400d) | -0.2% | -26.0% |
| Risk-adjusted return (90d) | -0.19 | -0.35 |
Relative strength over 90 days: USDS outperformed GRAM by 20.6% — measured on the USDS/GRAM ratio, so it holds regardless of market direction.
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.