Unido vs Stable

Stable (STABLE) is 60886.7× the size of Unido (UDO) by market capitalisation. Over the past 30 days, STABLE is ahead by 2.7 percentage points (UDO -5.2% against STABLE -2.5%). Their daily returns move loosely together (correlation 0.50 across 23 shared trading days). STABLE has been the more volatile of the two, at 81% annualised against UDO's 37%.

Correlation: 0.50
Size ratio: 1 : 60886.7
Ahead over 30 days: STABLE

UnidoUDO

$0.000105

24h: +2.89%
Market cap: $8,112
Volume 24h: $59
Volatility (ann.): 37%

StableSTABLE

$0.027440

24h: -3.06%
Market cap: $493.90M
Volume 24h: $11.24M
Volatility (ann.): 81%

UDO 0.0%Share of the two combined market caps100.0% STABLE

Performance

UDOSTABLE

7 days+0.28%-0.09%UDO
30 days-5.17%-2.46%STABLE

Correlation

0.50over 23 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	UDO	STABLE
Max drawdown (400d)	-11.7%	-25.6%
Risk-adjusted return (90d)	-0.14	-0.11

Relative strength over 90 days: STABLE outperformed UDO by 4.7% — measured on the UDO/STABLE ratio, so it holds regardless of market direction.

Unido →Stable →