Stobox Token vs Provenance Blockchain

Provenance Blockchain (HASH) is 1377.8× the size of Stobox Token (STBU) by market capitalisation. Over the past 30 days, HASH is ahead by 0.9 percentage points (STBU -19.5% against HASH -18.6%). Their daily returns move barely in opposite directions (correlation -0.09 across 24 shared trading days). HASH has been the more volatile of the two, at 159% annualised against STBU's 98%.

Correlation: -0.09
Size ratio: 1 : 1377.8
Ahead over 30 days: HASH

Stobox TokenSTBU

$0.001390

24h: -0.95%
Market cap: $268,886
Volume 24h: $88
Volatility (ann.): 98%

Provenance BlockchainHASH

$0.006192

24h: -1.60%
Market cap: $370.46M
Volume 24h: $1,877
Volatility (ann.): 159%

STBU 0.1%Share of the two combined market caps99.9% HASH

Performance

STBUHASH

7 days+1.23%-16.31%STBU
30 days-19.52%-18.65%HASH

Correlation

-0.09over 24 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	STBU	HASH
Max drawdown (400d)	-21.6%	-30.9%
Risk-adjusted return (90d)	-0.20	-0.10

Relative strength over 90 days: HASH outperformed STBU by 8.9% — measured on the STBU/HASH ratio, so it holds regardless of market direction.

Stobox Token →Provenance Blockchain →