Advanced Micro Devices (bStocks Tokenized Stock) vs MicroStrategy xStock

MicroStrategy xStock (MSTRX) is 38.9× the size of Advanced Micro Devices (bStocks Tokenized Stock) (AMDB) by market capitalisation. Their daily returns move loosely together (correlation 0.46 across 55 shared trading days). MSTRX has been the more volatile of the two, at 101% annualised against AMDB's 71%.

Correlation: 0.46
Size ratio: 1 : 38.9

Advanced Micro Devices (bStocks Tokenized Stock)AMDB

$486.1000

24h: -0.32%
Market cap: $3.54M
Volume 24h: $612,268
Volatility (ann.): 71%

MicroStrategy xStockMSTRX

$144.0900

24h: +5.83%
Market cap: $137.74M
Volume 24h: $3.82M
Volatility (ann.): 101%

AMDB 2.5%Share of the two combined market caps97.5% MSTRX

Performance

AMDBMSTRX

7 days-8.56%-3.45%MSTRX
30 days-18.92%+4.70%MSTRX
90 days+7.11%——

Correlation

0.46over 55 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.7190d: 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	AMDB	MSTRX
Max drawdown (400d)	-27.4%	-18.3%
Risk-adjusted return (90d)	0.12	0.30

Relative strength over 90 days: MSTRX outperformed AMDB by 16.0% — measured on the AMDB/MSTRX ratio, so it holds regardless of market direction.

Advanced Micro Devices (bStocks Tokenized Stock) →MicroStrategy xStock →