NAWS.AI vs Stable

Stable (STABLE) is 339.2× the size of NAWS.AI (NAWS) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.15 across 35 shared trading days). NAWS has been the more volatile of the two, at 263% annualised against STABLE's 82%.

Correlation: -0.15
Size ratio: 1 : 339.2

NAWS.AINAWS

$0.000769

24h: -11.15%
Market cap: $1.54M
Volume 24h: $3,699
Volatility (ann.): 263%

StableSTABLE

$0.028937

24h: +7.39%
Market cap: $520.83M
Volume 24h: $5.29M
Volatility (ann.): 82%

NAWS 0.3%Share of the two combined market caps99.7% STABLE

Performance

NAWSSTABLE

7 days-18.48%+0.69%STABLE
30 days-58.69%-1.37%STABLE
90 days-69.71%——
1 year-45.60%——

Correlation

-0.15over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2090d: 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	NAWS	STABLE
Max drawdown (400d)	-95.6%	-25.6%
Risk-adjusted return (90d)	-0.29	-0.10

Relative strength over 90 days: STABLE outperformed NAWS by 67.7% — measured on the NAWS/STABLE ratio, so it holds regardless of market direction.

NAWS.AI →Stable →