DiemLibre vs Stable

Stable (STABLE) is 203521.8× the size of DiemLibre (DLB) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.31 across 37 shared trading days). DLB has been the more volatile of the two, at 2074% annualised against STABLE's 81%.

Correlation: -0.31
Size ratio: 1 : 203521.8

DiemLibreDLB

$4.752e-5

24h: +0.15%
Market cap: $2,474
Volume 24h: $43,059
Volatility (ann.): 2074%

StableSTABLE

$0.027972

24h: -5.47%
Market cap: $503.46M
Volume 24h: $11.30M
Volatility (ann.): 81%

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

Performance

DLBSTABLE

7 days-59.83%-0.09%STABLE
30 days-53.58%-2.46%STABLE
90 days-56.40%——
1 year-65.56%——

Correlation

-0.31over 37 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.4190d: 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	DLB	STABLE
Max drawdown (400d)	-98.1%	-25.6%
Risk-adjusted return (90d)	-0.01	-0.11

Relative strength over 90 days: STABLE outperformed DLB by 48.7% — measured on the DLB/STABLE ratio, so it holds regardless of market direction.

DiemLibre →Stable →