Pluton vs Stable

Stable (STABLE) is 282.4× the size of Pluton (PLU) by market capitalisation. Over the past 30 days, STABLE is ahead by 1.8 percentage points (PLU -3.2% against STABLE -1.4%). Their daily returns move barely together (correlation 0.15 across 29 shared trading days). PLU has been the more volatile of the two, at 110% annualised against STABLE's 82%.

Correlation: 0.15
Size ratio: 1 : 282.4
Ahead over 30 days: STABLE

PlutonPLU

$0.132948

24h: +4.59%
Market cap: $1.86M
Volume 24h: $23,323
Volatility (ann.): 110%

StableSTABLE

$0.029206

24h: +7.27%
Market cap: $525.65M
Volume 24h: $7.27M
Volatility (ann.): 82%

PLU 0.4%Share of the two combined market caps99.6% STABLE

Performance

PLUSTABLE

7 days-7.76%+0.69%STABLE
30 days-3.17%-1.37%STABLE

Correlation

0.15over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1590d: 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	PLU	STABLE
Max drawdown (400d)	-27.0%	-25.6%
Risk-adjusted return (90d)	-0.04	-0.10

Relative strength over 90 days: STABLE outperformed PLU by 3.9% — measured on the PLU/STABLE ratio, so it holds regardless of market direction.

Pluton →Stable →