XTP vs Stable

Stable (STABLE) is 89.3× the size of XTP (XTP) by market capitalisation. Over the past 30 days, STABLE is ahead by 21.5 percentage points (XTP -22.9% against STABLE -1.4%). Their daily returns move barely together (correlation 0.02 across 32 shared trading days). XTP has been the more volatile of the two, at 96% annualised against STABLE's 82%.

Correlation: 0.02
Size ratio: 1 : 89.3
Ahead over 30 days: STABLE

XTPXTP

$0.000596

24h: -3.40%
Market cap: $5.89M
Volume 24h: $548
Volatility (ann.): 96%

StableSTABLE

$0.029206

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

XTP 1.1%Share of the two combined market caps98.9% STABLE

Performance

XTPSTABLE

7 days-9.01%+0.69%STABLE
30 days-22.87%-1.37%STABLE

Correlation

0.02over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0290d: 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	XTP	STABLE
Max drawdown (400d)	-28.8%	-25.6%
Risk-adjusted return (90d)	-0.25	-0.10

Relative strength over 90 days: STABLE outperformed XTP by 26.0% — measured on the XTP/STABLE ratio, so it holds regardless of market direction.

XTP →Stable →