ZoidPay vs Stable

Stable (STABLE) is 113.7× the size of ZoidPay (ZPAY) by market capitalisation. Over the past 30 days, ZPAY is ahead by 3.9 percentage points (ZPAY +2.5% against STABLE -1.4%). Their daily returns move barely in opposite directions (correlation -0.20 across 22 shared trading days). ZPAY has been the more volatile of the two, at 124% annualised against STABLE's 82%.

Correlation: -0.20
Size ratio: 1 : 113.7
Ahead over 30 days: ZPAY

ZoidPayZPAY

$0.007493

24h: -4.90%
Market cap: $4.61M
Volume 24h: $10,916
Volatility (ann.): 124%

StableSTABLE

$0.029108

24h: +6.91%
Market cap: $523.91M
Volume 24h: $6.06M
Volatility (ann.): 82%

ZPAY 0.9%Share of the two combined market caps99.1% STABLE

Performance

ZPAYSTABLE

7 days-20.83%+0.69%STABLE
30 days+2.50%-1.37%ZPAY

Correlation

-0.20over 22 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	ZPAY	STABLE
Max drawdown (400d)	-33.2%	-25.6%
Risk-adjusted return (90d)	0.02	-0.10

Relative strength over 90 days: STABLE outperformed ZPAY by 6.4% — measured on the ZPAY/STABLE ratio, so it holds regardless of market direction.

ZoidPay →Stable →