Albemarle (Ondo Tokenized) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 49587.8× the size of Albemarle (Ondo Tokenized) (ALBON) by market capitalisation. Their daily returns move barely together (correlation 0.18 across 28 shared trading days). Both have run at a similar volatility, around 84% annualised.

Correlation: 0.18
Size ratio: 1 : 49587.8

Albemarle (Ondo Tokenized)ALBON

$91.2900

24h: —
Market cap: $3,231
Volume 24h: —
Volatility (ann.): 86%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$75.2400

24h: +0.56%
Market cap: $160.24M
Volume 24h: $41.83M
Volatility (ann.): 82%

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

Performance

ALBONCRCLB

7 days-3.47%-5.56%ALBON
30 days-20.77%-9.22%CRCLB
90 days—+19.24%—

Correlation

0.18over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1890d: 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	ALBON	CRCLB
Max drawdown (400d)	-23.2%	-31.5%
Risk-adjusted return (90d)	-0.24	0.23

Relative strength over 90 days: CRCLB outperformed ALBON by 1.5% — measured on the ALBON/CRCLB ratio, so it holds regardless of market direction.

Albemarle (Ondo Tokenized) →Circle Internet Group (bStocks Tokenized Stock) →