ReddCoin vs Stable

Stable (STABLE) is 558.0× the size of ReddCoin (RDD) by market capitalisation. Over the past 30 days, RDD is ahead by 23.0 percentage points (RDD +21.7% against STABLE -1.4%). Their daily returns move barely in opposite directions (correlation -0.12 across 20 shared trading days). RDD has been the more volatile of the two, at 119% annualised against STABLE's 82%.

Correlation: -0.12
Size ratio: 1 : 558.0
Ahead over 30 days: RDD

ReddCoinRDD

$2.721e-5

24h: +11.99%
Market cap: $941,972
Volume 24h: $6,702
Volatility (ann.): 119%

StableSTABLE

$0.029206

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

RDD 0.2%Share of the two combined market caps99.8% STABLE

Performance

RDDSTABLE

7 days+26.14%+0.69%RDD
30 days+21.66%-1.37%RDD

Correlation

-0.12over 20 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	RDD	STABLE
Max drawdown (400d)	-17.8%	-25.6%
Risk-adjusted return (90d)	0.18	-0.10

Relative strength over 90 days: RDD outperformed STABLE by 7.9% — measured on the RDD/STABLE ratio, so it holds regardless of market direction.

ReddCoin →Stable →