BitDCA vs Stable

Stable (STABLE) is 22.5× the size of BitDCA (BDCA) by market capitalisation. Over the past 30 days, STABLE is ahead by 34.4 percentage points (BDCA -35.7% against STABLE -1.4%). Their daily returns move barely together (correlation 0.32 across 46 shared trading days). Both have run at a similar volatility, around 82% annualised.

Correlation: 0.32
Size ratio: 1 : 22.5
Ahead over 30 days: STABLE

BitDCABDCA

$0.274684

24h: -1.19%
Market cap: $22.70M
Volume 24h: $121,534
Volatility (ann.): 82%

StableSTABLE

$0.028383

24h: +4.96%
Market cap: $510.86M
Volume 24h: $5.82M
Volatility (ann.): 82%

BDCA 4.3%Share of the two combined market caps95.7% STABLE

Performance

BDCASTABLE

7 days-4.92%+0.69%STABLE
30 days-35.74%-1.37%STABLE

Correlation

0.32over 46 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4890d: 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	BDCA	STABLE
Max drawdown (400d)	-47.0%	-25.6%
Risk-adjusted return (90d)	-0.51	-0.10

Relative strength over 90 days: STABLE outperformed BDCA by 33.5% — measured on the BDCA/STABLE ratio, so it holds regardless of market direction.

BitDCA →Stable →