Young vs Stable

Young (YNG) and Stable (STABLE) compared side by side. Over the past 30 days, STABLE is ahead by 9.1 percentage points (YNG -10.5% against STABLE -1.4%). Their daily returns move barely together (correlation 0.00 across 23 shared trading days). STABLE has been the more volatile of the two, at 82% annualised against YNG's 18%.

Correlation: 0.00
Ahead over 30 days: STABLE

YoungYNG

$0.548037

24h: +0.25%
Market cap: —
Volume 24h: $31,792
Volatility (ann.): 18%

StableSTABLE

$0.028376

24h: +4.53%
Market cap: $510.82M
Volume 24h: $9.46M
Volatility (ann.): 82%

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

Performance

YNGSTABLE

7 days-0.81%+0.69%STABLE
30 days-10.47%-1.37%STABLE

Correlation

0.00over 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	YNG	STABLE
Max drawdown (400d)	-11.5%	-25.6%
Risk-adjusted return (90d)	-0.60	-0.10

Relative strength over 90 days: STABLE outperformed YNG by 7.8% — measured on the YNG/STABLE ratio, so it holds regardless of market direction.

Young →Stable →