uTrade vs Altcoinist Token

Altcoinist Token (ALTT) is 1.3× the size of uTrade (UTT) by market capitalisation. Over the past 30 days, UTT is ahead by 117.5 percentage points (UTT +60.2% against ALTT -57.3%). Their daily returns move barely together (correlation 0.02 across 30 shared trading days). Both have run at a similar volatility, around 168% annualised.

Correlation: 0.02
Size ratio: 1 : 1.3
Ahead over 30 days: UTT

uTradeUTT

$0.308305

24h: +0.02%
Market cap: $1.36M
Volume 24h: $219,880
Volatility (ann.): 158%

Altcoinist TokenALTT

$0.007454

24h: +0.23%
Market cap: $1.83M
Volume 24h: $26,483
Volatility (ann.): 177%

UTT 42.8%Share of the two combined market caps57.2% ALTT

Performance

UTTALTT

7 days+31.69%-14.49%UTT
30 days+60.17%-57.33%UTT

Correlation

0.02over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0290d: 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	UTT	ALTT
Max drawdown (400d)	-16.5%	-65.8%
Risk-adjusted return (90d)	0.38	-0.36

Relative strength over 90 days: UTT outperformed ALTT by 131.9% — measured on the UTT/ALTT ratio, so it holds regardless of market direction.

uTrade →Altcoinist Token →