Baanx vs Stable

Stable (STABLE) is 2401.1× the size of Baanx (BXX) by market capitalisation. Over the past 30 days, STABLE is ahead by 19.2 percentage points (BXX -21.7% against STABLE -2.5%). Their daily returns move barely in opposite directions (correlation -0.24 across 24 shared trading days). BXX has been the more volatile of the two, at 118% annualised against STABLE's 81%.

Correlation: -0.24
Size ratio: 1 : 2401.1
Ahead over 30 days: STABLE

BaanxBXX

$0.000852

24h: +8.04%
Market cap: $213,001
Volume 24h: $193
Volatility (ann.): 118%

StableSTABLE

$0.028415

24h: +0.52%
Market cap: $511.44M
Volume 24h: $11.08M
Volatility (ann.): 81%

BXX 0.0%Share of the two combined market caps100.0% STABLE

Performance

BXXSTABLE

7 days+17.82%-0.09%BXX
30 days-21.66%-2.46%STABLE

Correlation

-0.24over 24 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	BXX	STABLE
Max drawdown (400d)	-43.3%	-25.6%
Risk-adjusted return (90d)	-0.16	-0.11

Relative strength over 90 days: STABLE outperformed BXX by 17.3% — measured on the BXX/STABLE ratio, so it holds regardless of market direction.

Baanx →Stable →