Telcoin vs Stable

Stable (STABLE) is 3.0× the size of Telcoin (TEL) by market capitalisation. Over the past 30 days, STABLE is ahead by 22.2 percentage points (TEL -23.6% against STABLE -1.4%). Their daily returns move barely together (correlation 0.04 across 52 shared trading days). TEL has been the more volatile of the two, at 104% annualised against STABLE's 82%.

Correlation: 0.04
Size ratio: 1 : 3.0
Ahead over 30 days: STABLE

TelcoinTEL

$0.001715

24h: -2.64%
Market cap: $169.29M
Volume 24h: $2.05M
Volatility (ann.): 104%

StableSTABLE

$0.028603

24h: +5.78%
Market cap: $514.84M
Volume 24h: $7.80M
Volatility (ann.): 82%

TEL 24.7%Share of the two combined market caps75.3% STABLE

Performance

TELSTABLE

7 days-13.68%+0.69%STABLE
30 days-23.59%-1.37%STABLE

Correlation

0.04over 52 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1890d: 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	TEL	STABLE
Max drawdown (400d)	-31.6%	-25.6%
Risk-adjusted return (90d)	-0.04	-0.10

Relative strength over 90 days: TEL outperformed STABLE by 7.3% — measured on the TEL/STABLE ratio, so it holds regardless of market direction.

Telcoin →Stable →