Accenture xStock vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 795.8× the size of Accenture xStock (ACNX) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.17 across 113 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against ACNX's 69%.

Correlation: -0.17
Size ratio: 1 : 795.8

Accenture xStockACNX

$263.1600

24h: +3.37%
Market cap: $201,523
Volume 24h: $18,601
Volatility (ann.): 69%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$75.2800

24h: +0.21%
Market cap: $160.38M
Volume 24h: $41.80M
Volatility (ann.): 82%

ACNX 0.1%Share of the two combined market caps99.9% CRCLB

Performance

ACNXCRCLB

7 days+43.21%-5.56%ACNX
30 days+34.00%-9.22%ACNX
90 days+85.30%+19.24%ACNX
1 year+6.35%——

Correlation

-0.17over 113 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.3690d: -0.251y: 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	ACNX	CRCLB
Max drawdown (400d)	-56.6%	-31.5%
Risk-adjusted return (90d)	0.90	0.23

Relative strength over 90 days: ACNX outperformed CRCLB by 72.1% — measured on the ACNX/CRCLB ratio, so it holds regardless of market direction.

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