GenesisL1 vs Stable

Stable (STABLE) is 44.6× the size of GenesisL1 (L1) by market capitalisation. Over the past 30 days, L1 is ahead by 151.5 percentage points (L1 +150.1% against STABLE -1.4%). Their daily returns move barely in opposite directions (correlation -0.02 across 30 shared trading days). L1 has been the more volatile of the two, at 251% annualised against STABLE's 82%.

Correlation: -0.02
Size ratio: 1 : 44.6
Ahead over 30 days: L1

GenesisL1L1

$0.282221

24h: -15.94%
Market cap: $11.97M
Volume 24h: $101,540
Volatility (ann.): 251%

StableSTABLE

$0.029648

24h: +9.07%
Market cap: $533.63M
Volume 24h: $6.89M
Volatility (ann.): 82%

L1 2.2%Share of the two combined market caps97.8% STABLE

Performance

L1STABLE

7 days+56.94%+0.69%L1
30 days+150.10%-1.37%L1

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	L1	STABLE
Max drawdown (400d)	-24.0%	-25.6%
Risk-adjusted return (90d)	0.57	-0.10

Relative strength over 90 days: L1 outperformed STABLE by 139.7% — measured on the L1/STABLE ratio, so it holds regardless of market direction.

GenesisL1 →Stable →