Real World Services vs Stable

Stable (STABLE) is 3315.0× the size of Real World Services (RWS) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.13 across 35 shared trading days). STABLE has been the more volatile of the two, at 82% annualised against RWS's 70%.

Correlation: -0.13
Size ratio: 1 : 3315.0

Real World ServicesRWS

$0.002607

24h: +15.51%
Market cap: $158,567
Volume 24h: $24,883
Volatility (ann.): 70%

StableSTABLE

$0.029206

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

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

Performance

RWSSTABLE

7 days+13.79%+0.69%RWS
30 days+16.30%-1.37%RWS
90 days-2.87%——

Correlation

-0.13over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0790d: 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	RWS	STABLE
Max drawdown (400d)	-68.9%	-25.6%
Risk-adjusted return (90d)	-0.04	-0.10

Relative strength over 90 days: RWS outperformed STABLE by 67.0% — measured on the RWS/STABLE ratio, so it holds regardless of market direction.

Real World Services →Stable →