AMC Entertainment (Backpack Securities) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 873.8× the size of AMC Entertainment (Backpack Securities) (AMC) by market capitalisation. Their daily returns move barely together (correlation 0.21 across 35 shared trading days). AMC has been the more volatile of the two, at 153% annualised against CRCLB's 82%.

Correlation: 0.21
Size ratio: 1 : 873.8

AMC Entertainment (Backpack Securities)AMC

$3.3900

24h: +4.44%
Market cap: $184,454
Volume 24h: $976,369
Volatility (ann.): 153%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$75.5000

24h: -0.94%
Market cap: $161.17M
Volume 24h: $40.39M
Volatility (ann.): 82%

AMC 0.1%Share of the two combined market caps99.9% CRCLB

Performance

AMCCRCLB

7 days+15.77%-5.56%AMC
30 days+38.00%-9.22%AMC
90 days—+19.24%—

Correlation

0.21over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1490d: 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	AMC	CRCLB
Max drawdown (400d)	-32.8%	-31.5%
Risk-adjusted return (90d)	0.20	0.23

Relative strength over 90 days: AMC outperformed CRCLB by 73.8% — measured on the AMC/CRCLB ratio, so it holds regardless of market direction.

AMC Entertainment (Backpack Securities) →Circle Internet Group (bStocks Tokenized Stock) →