Stable vs Beldex

Beldex (BDX) is 1.1× the size of Stable (STABLE) by market capitalisation. Over the past 30 days, STABLE is ahead by 2.5 percentage points (STABLE -2.5% against BDX -5.0%). Their daily returns move barely in opposite directions (correlation -0.20 across 59 shared trading days). STABLE has been the more volatile of the two, at 81% annualised against BDX's 64%.

Correlation: -0.20
Size ratio: 1 : 1.1
Ahead over 30 days: STABLE

StableSTABLE

$0.028415

24h: +0.52%
Market cap: $511.44M
Volume 24h: $11.08M
Volatility (ann.): 81%

BeldexBDX

$0.072881

24h: -0.83%
Market cap: $573.69M
Volume 24h: $9.11M
Volatility (ann.): 64%

STABLE 47.1%Share of the two combined market caps52.9% BDX

Performance

STABLEBDX

7 days-0.09%-2.65%STABLE
30 days-2.46%-4.95%STABLE

Correlation

-0.20over 59 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.4490d: 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	STABLE	BDX
Max drawdown (400d)	-25.6%	-20.8%
Risk-adjusted return (90d)	-0.11	-0.15

Relative strength over 90 days: STABLE outperformed BDX by 0.8% — measured on the STABLE/BDX ratio, so it holds regardless of market direction.

Stable →Beldex →