Sora Validator vs Stable

Stable (STABLE) is 2097.2× the size of Sora Validator (VAL) by market capitalisation. Over the past 30 days, STABLE is ahead by 36.1 percentage points (VAL -37.5% against STABLE -1.4%). Their daily returns move loosely together (correlation 0.37 across 23 shared trading days). VAL has been the more volatile of the two, at 213% annualised against STABLE's 82%.

Correlation: 0.37
Size ratio: 1 : 2097.2
Ahead over 30 days: STABLE

Sora ValidatorVAL

$0.004487

24h: -1.14%
Market cap: $250,641
Volume 24h: $266
Volatility (ann.): 213%

StableSTABLE

$0.029206

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

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

Performance

VALSTABLE

7 days-3.98%+0.69%STABLE
30 days-37.46%-1.37%STABLE

Correlation

0.37over 23 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	VAL	STABLE
Max drawdown (400d)	-54.4%	-25.6%
Risk-adjusted return (90d)	-0.15	-0.10

Relative strength over 90 days: STABLE outperformed VAL by 35.4% — measured on the VAL/STABLE ratio, so it holds regardless of market direction.

Sora Validator →Stable →