Ozapay vs Stable

Stable (STABLE) is 14.4× the size of Ozapay (OZA) by market capitalisation. Over the past 30 days, STABLE is ahead by 25.3 percentage points (OZA -26.7% against STABLE -1.4%). Their daily returns move barely in opposite directions (correlation -0.04 across 50 shared trading days). Both have run at a similar volatility, around 87% annualised.

Correlation: -0.04
Size ratio: 1 : 14.4
Ahead over 30 days: STABLE

OzapayOZA

$0.040671

24h: +0.00%
Market cap: $36.99M
Volume 24h: —
Volatility (ann.): 91%

StableSTABLE

$0.029648

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

OZA 6.5%Share of the two combined market caps93.5% STABLE

Performance

OZASTABLE

7 days+2.62%+0.69%OZA
30 days-26.65%-1.37%STABLE

Correlation

-0.04over 50 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0690d: 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	OZA	STABLE
Max drawdown (400d)	-33.1%	-25.6%
Risk-adjusted return (90d)	-0.25	-0.10

Relative strength over 90 days: STABLE outperformed OZA by 21.9% — measured on the OZA/STABLE ratio, so it holds regardless of market direction.

Ozapay →Stable →