Venom vs Stable

Stable (STABLE) is 13.4× the size of Venom (VENOM) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.29 across 45 shared trading days). VENOM has been the more volatile of the two, at 208% annualised against STABLE's 82%.

Correlation: -0.29
Size ratio: 1 : 13.4

VenomVENOM

$0.021179

24h: +0.00%
Market cap: $38.88M
Volume 24h: —
Volatility (ann.): 208%

StableSTABLE

$0.029042

24h: +6.78%
Market cap: $522.53M
Volume 24h: $7.12M
Volatility (ann.): 82%

VENOM 6.9%Share of the two combined market caps93.1% STABLE

Performance

VENOMSTABLE

7 days+0.00%+0.69%STABLE
30 days+129.63%-1.37%VENOM
90 days+103.64%——

Correlation

-0.29over 45 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.4990d: 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	VENOM	STABLE
Max drawdown (400d)	-45.5%	-25.6%
Risk-adjusted return (90d)	0.46	-0.10

Relative strength over 90 days: VENOM outperformed STABLE by 155.1% — measured on the VENOM/STABLE ratio, so it holds regardless of market direction.

Venom →Stable →