Akamai Technologies Tokenized Stock (Reality) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 12271.8× the size of Akamai Technologies Tokenized Stock (Reality) (RAKAM) by market capitalisation. Their daily returns move closely together (correlation 0.62 across 25 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against RAKAM's 61%.

Correlation: 0.62
Size ratio: 1 : 12271.8

Akamai Technologies Tokenized Stock (Reality)RAKAM

$85.3800

24h: -1.45%
Market cap: $13,488
Volume 24h: $12,393
Volatility (ann.): 61%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$76.3600

24h: +0.66%
Market cap: $165.52M
Volume 24h: $44.11M
Volatility (ann.): 82%

RAKAM 0.0%Share of the two combined market caps100.0% CRCLB

Performance

RAKAMCRCLB

7 days-2.47%-7.34%RAKAM
30 days-24.44%-10.38%CRCLB
90 days—+21.21%—

Correlation

0.62over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6290d: 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	RAKAM	CRCLB
Max drawdown (400d)	-26.3%	-31.5%
Risk-adjusted return (90d)	-0.40	0.25

Relative strength over 90 days: CRCLB outperformed RAKAM by 17.3% — measured on the RAKAM/CRCLB ratio, so it holds regardless of market direction.

Akamai Technologies Tokenized Stock (Reality) →Circle Internet Group (bStocks Tokenized Stock) →