MegPrime vs Stable

MegPrime (MPP) and Stable (STABLE) compared side by side. Over the past 30 days, MPP is ahead by 1.0 percentage points (MPP -0.4% against STABLE -1.4%). Their daily returns move barely in opposite directions (correlation -0.02 across 20 shared trading days). STABLE has been the more volatile of the two, at 82% annualised against MPP's 1%.

Correlation: -0.02
Ahead over 30 days: MPP

MegPrimeMPP

$0.739983

24h: +0.62%
Market cap: —
Volume 24h: $14,677
Volatility (ann.): 1%

StableSTABLE

$0.028248

24h: +3.80%
Market cap: $508.42M
Volume 24h: $9.45M
Volatility (ann.): 82%

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

Performance

MPPSTABLE

7 days-0.11%+0.69%STABLE
30 days-0.35%-1.37%MPP

Correlation

-0.02over 20 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	MPP	STABLE
Max drawdown (400d)	-0.4%	-25.6%
Risk-adjusted return (90d)	-0.33	-0.10

Relative strength over 90 days: STABLE outperformed MPP by 2.5% — measured on the MPP/STABLE ratio, so it holds regardless of market direction.

MegPrime →Stable →