Amazon (Dinari Tokenized Stock) vs MicroStrategy xStock

MicroStrategy xStock (MSTRX) is 1060.1× the size of Amazon (Dinari Tokenized Stock) (AMZN) by market capitalisation. Over the past 30 days, MSTRX is ahead by 13.8 percentage points (AMZN -2.9% against MSTRX +10.9%). Their daily returns move barely in opposite directions (correlation -0.01 across 20 shared trading days). MSTRX has been the more volatile of the two, at 101% annualised against AMZN's 21%.

Correlation: -0.01
Size ratio: 1 : 1060.1
Ahead over 30 days: MSTRX

Amazon (Dinari Tokenized Stock)AMZN

$264.2600

24h: +7.31%
Market cap: $120,891
Volume 24h: $26,703
Volatility (ann.): 21%

MicroStrategy xStockMSTRX

$132.6700

24h: -5.18%
Market cap: $128.16M
Volume 24h: $3.08M
Volatility (ann.): 101%

AMZN 0.1%Share of the two combined market caps99.9% MSTRX

Performance

AMZNMSTRX

7 days+0.56%+0.26%AMZN
30 days-2.87%+10.88%MSTRX

Correlation

-0.01over 20 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	AMZN	MSTRX
Max drawdown (400d)	-4.9%	-18.3%
Risk-adjusted return (90d)	-0.14	0.38

Relative strength over 90 days: MSTRX outperformed AMZN by 12.5% — measured on the AMZN/MSTRX ratio, so it holds regardless of market direction.

Amazon (Dinari Tokenized Stock) →MicroStrategy xStock →