Aehr Test Systems (Ondo Tokenized) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 618.6× the size of Aehr Test Systems (Ondo Tokenized) (AEHRON) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.08 across 54 shared trading days). AEHRON has been the more volatile of the two, at 105% annualised against CRCLB's 82%.

Correlation: -0.08
Size ratio: 1 : 618.6

Aehr Test Systems (Ondo Tokenized)AEHRON

$59.3600

24h: -5.67%
Market cap: $263,111
Volume 24h: $150,492
Volatility (ann.): 105%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$76.0300

24h: +5.18%
Market cap: $162.75M
Volume 24h: $43.00M
Volatility (ann.): 82%

AEHRON 0.2%Share of the two combined market caps99.8% CRCLB

Performance

AEHRONCRCLB

7 days+1.60%-5.56%AEHRON
30 days+21.76%-9.22%AEHRON
90 days—+19.24%—

Correlation

-0.08over 54 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2490d: 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	AEHRON	CRCLB
Max drawdown (400d)	-47.2%	-31.5%
Risk-adjusted return (90d)	-0.02	0.23

Relative strength over 90 days: CRCLB outperformed AEHRON by 27.4% — measured on the AEHRON/CRCLB ratio, so it holds regardless of market direction.

Aehr Test Systems (Ondo Tokenized) →Circle Internet Group (bStocks Tokenized Stock) →