Strata Junior USDat vs Steakhouse Confidential Prime USDC

Steakhouse Confidential Prime USDC (STEAKCUSDC) is 28.3× the size of Strata Junior USDat (JRUSDAT) by market capitalisation. Over the past 30 days, JRUSDAT is ahead by 10.9 percentage points (JRUSDAT +11.8% against STEAKCUSDC +0.9%). Their daily returns move barely together (correlation 0.33 across 27 shared trading days). JRUSDAT has been the more volatile of the two, at 48% annualised against STEAKCUSDC's 2%.

Correlation: 0.33
Size ratio: 1 : 28.3
Ahead over 30 days: JRUSDAT

Strata Junior USDatJRUSDAT

$0.544529

24h: +3.77%
Market cap: $957,937
Volume 24h: —
Volatility (ann.): 48%

Steakhouse Confidential Prime USDCSTEAKCUSDC

$1.0290

24h: +0.03%
Market cap: $27.13M
Volume 24h: —
Volatility (ann.): 2%

JRUSDAT 3.4%Share of the two combined market caps96.6% STEAKCUSDC

Performance

JRUSDATSTEAKCUSDC

7 days+2.44%+0.10%JRUSDAT
30 days+11.82%+0.88%JRUSDAT

Correlation

0.33over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3390d: 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	JRUSDAT	STEAKCUSDC
Max drawdown (400d)	-11.4%	-0.2%
Risk-adjusted return (90d)	0.25	0.62

Relative strength over 90 days: JRUSDAT outperformed STEAKCUSDC by 9.6% — measured on the JRUSDAT/STEAKCUSDC ratio, so it holds regardless of market direction.

Strata Junior USDat →Steakhouse Confidential Prime USDC →