THAT vs Stable

Stable (STABLE) is 142.7× the size of THAT (THAT) by market capitalisation. Over the past 30 days, STABLE is ahead by 0.4 percentage points (THAT -1.7% against STABLE -1.4%). Their daily returns move barely together (correlation 0.22 across 30 shared trading days). STABLE has been the more volatile of the two, at 82% annualised against THAT's 56%.

Correlation: 0.22
Size ratio: 1 : 142.7
Ahead over 30 days: STABLE

THATTHAT

$0.002351

24h: -2.61%
Market cap: $3.72M
Volume 24h: $12,653
Volatility (ann.): 56%

StableSTABLE

$0.029515

24h: +8.41%
Market cap: $531.23M
Volume 24h: $7.86M
Volatility (ann.): 82%

THAT 0.7%Share of the two combined market caps99.3% STABLE

Performance

THATSTABLE

7 days+5.93%+0.69%THAT
30 days-1.73%-1.37%STABLE

Correlation

0.22over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2290d: 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	THAT	STABLE
Max drawdown (400d)	-10.8%	-25.6%
Risk-adjusted return (90d)	0.12	-0.10

Relative strength over 90 days: THAT outperformed STABLE by 5.0% — measured on the THAT/STABLE ratio, so it holds regardless of market direction.

THAT →Stable →