COCA vs Stable

COCA (COCA) and Stable (STABLE) compared side by side. Their daily returns move barely in opposite directions (correlation -0.08 across 35 shared trading days). STABLE has been the more volatile of the two, at 82% annualised against COCA's 60%.

Correlation: -0.08

COCACOCA

$0.964315

24h: +2.72%
Market cap: —
Volume 24h: $270,236
Volatility (ann.): 60%

StableSTABLE

$0.029444

24h: +8.85%
Market cap: $529.95M
Volume 24h: $7.43M
Volatility (ann.): 82%

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

Performance

COCASTABLE

7 days+6.98%+0.69%COCA
30 days-2.43%-1.37%STABLE
90 days-6.87%——
1 year+96.10%——

Correlation

-0.08over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1590d: 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	COCA	STABLE
Max drawdown (400d)	-40.3%	-25.6%
Risk-adjusted return (90d)	-0.13	-0.10

Relative strength over 90 days: STABLE outperformed COCA by 9.8% — measured on the COCA/STABLE ratio, so it holds regardless of market direction.

COCA →Stable →