Adobe Inc. • Robinhood Token vs MicroStrategy xStock

MicroStrategy xStock (MSTRX) is 7196.8× the size of Adobe Inc. • Robinhood Token (ADBE) by market capitalisation. Over the past 30 days, MSTRX is ahead by 4.3 percentage points (ADBE +6.6% against MSTRX +10.9%). Their daily returns move barely together (correlation 0.32 across 20 shared trading days). MSTRX has been the more volatile of the two, at 101% annualised against ADBE's 44%.

Correlation: 0.32
Size ratio: 1 : 7196.8
Ahead over 30 days: MSTRX

Adobe Inc. • Robinhood TokenADBE

$243.6300

24h: -1.51%
Market cap: $17,204
Volume 24h: $53
Volatility (ann.): 44%

MicroStrategy xStockMSTRX

$127.5500

24h: -11.54%
Market cap: $123.81M
Volume 24h: $5.18M
Volatility (ann.): 101%

ADBE 0.0%Share of the two combined market caps100.0% MSTRX

Performance

ADBEMSTRX

7 days+0.72%+0.26%ADBE
30 days+6.59%+10.88%MSTRX

Correlation

0.32over 20 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	ADBE	MSTRX
Max drawdown (400d)	-5.8%	-18.3%
Risk-adjusted return (90d)	0.10	0.38

Relative strength over 90 days: ADBE outperformed MSTRX by 1.3% — measured on the ADBE/MSTRX ratio, so it holds regardless of market direction.

Adobe Inc. • Robinhood Token →MicroStrategy xStock →