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Capped squirrel far from stable (5)

Ross

I believe the answer is:

rocky

I'm a little stuck... Click here to teach me more about this clue!

'stable' is the definition.
Both the definition and answer are adjectives. Maybe there's an association between them I don't understand?

'capped squirrel far' is the wordplay.
I cannot really see how this works, but
'squirrel' could be 'rock' (rock squirrel is a kind of squirrel) and 'rock' is located in the answer.
A single letter 'y' remains which might be clued in a way I don't understand.
This explanation may well be incorrect...

'from' is the link.

Can you help me to learn more?

(Other definitions for rocky that I've seen before include "Unstable; stony" , "fighter making many comebacks" , "Uneven" , "Characterised by large stones" , "'-' Marciano, US boxer" .)

I've seen this clue in the Sydney Morning Herald.
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