Accenture Tokenized Stock (Reality) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 79155.5× the size of Accenture Tokenized Stock (Reality) (RACN) by market capitalisation. Their daily returns move barely together (correlation 0.13 across 25 shared trading days). Both have run at a similar volatility, around 79% annualised.

Correlation: 0.13
Size ratio: 1 : 79155.5

Accenture Tokenized Stock (Reality)RACN

$254.3700

24h: -2.15%
Market cap: $2,032
Volume 24h: $20
Volatility (ann.): 76%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$75.8300

24h: +1.89%
Market cap: $160.82M
Volume 24h: $43.73M
Volatility (ann.): 82%

RACN 0.0%Share of the two combined market caps100.0% CRCLB

Performance

RACNCRCLB

7 days+10.58%-5.56%RACN
30 days+33.02%-9.22%RACN
90 days—+19.24%—

Correlation

0.13over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1390d: 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	RACN	CRCLB
Max drawdown (400d)	-8.8%	-31.5%
Risk-adjusted return (90d)	0.43	0.23

Relative strength over 90 days: RACN outperformed CRCLB by 42.2% — measured on the RACN/CRCLB ratio, so it holds regardless of market direction.

Accenture Tokenized Stock (Reality) →Circle Internet Group (bStocks Tokenized Stock) →