Populous vs Stable

Stable (STABLE) is 47.5× the size of Populous (PPT) by market capitalisation. Over the past 30 days, PPT is ahead by 240.9 percentage points (PPT +239.5% against STABLE -1.4%). Their daily returns move loosely in opposite directions (correlation -0.49 across 30 shared trading days). PPT has been the more volatile of the two, at 339% annualised against STABLE's 82%.

Correlation: -0.49
Size ratio: 1 : 47.5
Ahead over 30 days: PPT

PopulousPPT

$0.210626

24h: -11.54%
Market cap: $11.03M
Volume 24h: $2,097
Volatility (ann.): 339%

StableSTABLE

$0.029108

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

PPT 2.1%Share of the two combined market caps97.9% STABLE

Performance

PPTSTABLE

7 days+2.48%+0.69%PPT
30 days+239.50%-1.37%PPT

Correlation

-0.49over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.4990d: 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	PPT	STABLE
Max drawdown (400d)	-29.1%	-25.6%
Risk-adjusted return (90d)	0.59	-0.10

Relative strength over 90 days: PPT outperformed STABLE by 194.3% — measured on the PPT/STABLE ratio, so it holds regardless of market direction.

Populous →Stable →