Stable (STABLE) is 4694.6× the size of SUBY (SUBY) by market capitalisation. Over the past 30 days, STABLE is ahead by 46.9 percentage points (SUBY -49.4% against STABLE -2.5%). Their daily returns move barely together (correlation 0.11 across 22 shared trading days). Both have run at a similar volatility, around 84% annualised.
SUBYSTABLE
0.11over 22 shared trading days
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.
| Metric | SUBY | STABLE |
|---|---|---|
| Max drawdown (400d) | -55.1% | -25.6% |
| Risk-adjusted return (90d) | -0.57 | -0.11 |
Relative strength over 90 days: STABLE outperformed SUBY by 29.1% — measured on the SUBY/STABLE ratio, so it holds regardless of market direction.