AMD • Robinhood Token vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 76.6× the size of AMD • Robinhood Token (AMD) by market capitalisation. Their daily returns move barely together (correlation 0.18 across 38 shared trading days). Both have run at a similar volatility, around 78% annualised.

Correlation: 0.18
Size ratio: 1 : 76.6

AMD • Robinhood TokenAMD

$504.6500

24h: +6.00%
Market cap: $2.14M
Volume 24h: $3.04M
Volatility (ann.): 74%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$76.3900

24h: +5.17%
Market cap: $163.95M
Volume 24h: $23.61M
Volatility (ann.): 82%

AMD 1.3%Share of the two combined market caps98.7% CRCLB

Performance

AMDCRCLB

7 days-21.81%-7.34%CRCLB
30 days-0.49%-10.38%AMD
90 days—+21.21%—

Correlation

0.18over 38 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2590d: 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	AMD	CRCLB
Max drawdown (400d)	-24.9%	-31.5%
Risk-adjusted return (90d)	0.02	0.25

Relative strength over 90 days: AMD outperformed CRCLB by 22.7% — measured on the AMD/CRCLB ratio, so it holds regardless of market direction.

AMD • Robinhood Token →Circle Internet Group (bStocks Tokenized Stock) →