Adobe Inc. • Robinhood Token vs Strategy PP Variable xStock

Strategy PP Variable xStock (STRCX) is 7832.5× the size of Adobe Inc. • Robinhood Token (ADBE) by market capitalisation. Over the past 30 days, ADBE is ahead by 3.0 percentage points (ADBE +6.6% against STRCX +3.6%). Their daily returns move barely in opposite directions (correlation -0.07 across 22 shared trading days). STRCX has been the more volatile of the two, at 51% annualised against ADBE's 44%.

Correlation: -0.07
Size ratio: 1 : 7832.5
Ahead over 30 days: ADBE

Adobe Inc. • Robinhood TokenADBE

$243.6300

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

Strategy PP Variable xStockSTRCX

$108.9200

24h: -0.63%
Market cap: $134.75M
Volume 24h: $2.48M
Volatility (ann.): 51%

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

Performance

ADBESTRCX

7 days+0.72%+0.05%ADBE
30 days+6.59%+3.64%ADBE

Correlation

-0.07over 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	ADBE	STRCX
Max drawdown (400d)	-5.8%	-7.5%
Risk-adjusted return (90d)	0.10	0.16

Relative strength over 90 days: ADBE outperformed STRCX by 5.2% — measured on the ADBE/STRCX ratio, so it holds regardless of market direction.

Adobe Inc. • Robinhood Token →Strategy PP Variable xStock →