MCOIN vs Stable

Stable (STABLE) is 95.8× the size of MCOIN (MCOIN) by market capitalisation. Over the past 30 days, STABLE is ahead by 25.1 percentage points (MCOIN -26.5% against STABLE -1.4%). Their daily returns move barely in opposite directions (correlation -0.09 across 22 shared trading days). Both have run at a similar volatility, around 78% annualised.

Correlation: -0.09
Size ratio: 1 : 95.8
Ahead over 30 days: STABLE

MCOINMCOIN

$0.030882

24h: +0.02%
Market cap: $5.47M
Volume 24h: $77,925
Volatility (ann.): 74%

StableSTABLE

$0.029108

24h: +6.91%
Market cap: $523.91M
Volume 24h: $6.06M
Volatility (ann.): 82%

MCOIN 1.0%Share of the two combined market caps99.0% STABLE

Performance

MCOINSTABLE

7 days-4.15%+0.69%STABLE
30 days-26.45%-1.37%STABLE

Correlation

-0.09over 22 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	MCOIN	STABLE
Max drawdown (400d)	-30.9%	-25.6%
Risk-adjusted return (90d)	-0.36	-0.10

Relative strength over 90 days: STABLE outperformed MCOIN by 32.9% — measured on the MCOIN/STABLE ratio, so it holds regardless of market direction.

MCOIN →Stable →