Tea Protocol vs Stable

Stable (STABLE) is 698.2× the size of Tea Protocol (TEA) by market capitalisation. Their daily returns move barely together (correlation 0.08 across 37 shared trading days). STABLE has been the more volatile of the two, at 82% annualised against TEA's 53%.

Correlation: 0.08
Size ratio: 1 : 698.2

Tea ProtocolTEA

$3.778e-5

24h: -1.17%
Market cap: $755,633
Volume 24h: $1.52M
Volatility (ann.): 53%

StableSTABLE

$0.029310

24h: +8.68%
Market cap: $527.55M
Volume 24h: $7.53M
Volatility (ann.): 82%

TEA 0.1%Share of the two combined market caps99.9% STABLE

Performance

TEASTABLE

7 days-14.03%+0.69%STABLE
30 days-0.36%-1.37%TEA
90 days-10.16%——

Correlation

0.08over 37 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0990d: 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	TEA	STABLE
Max drawdown (400d)	-36.0%	-25.6%
Risk-adjusted return (90d)	-0.23	-0.10

Relative strength over 90 days: TEA outperformed STABLE by 6.5% — measured on the TEA/STABLE ratio, so it holds regardless of market direction.

Tea Protocol →Stable →