AMD xStock vs MicroStrategy xStock

MicroStrategy xStock (MSTRX) is 25.2× the size of AMD xStock (AMDX) by market capitalisation. Over the past 30 days, MSTRX is ahead by 5.2 percentage points (AMDX -0.5% against MSTRX +4.7%). Their daily returns move loosely together (correlation 0.45 across 30 shared trading days). Both have run at a similar volatility, around 96% annualised.

Correlation: 0.45
Size ratio: 1 : 25.2
Ahead over 30 days: MSTRX

AMD xStockAMDX

$506.5700

24h: +6.15%
Market cap: $5.19M
Volume 24h: $738,926
Volatility (ann.): 92%

MicroStrategy xStockMSTRX

$137.4900

24h: +4.92%
Market cap: $131.05M
Volume 24h: $2.75M
Volatility (ann.): 101%

AMDX 3.8%Share of the two combined market caps96.2% MSTRX

Performance

AMDXMSTRX

7 days-22.34%-3.45%MSTRX
30 days-0.51%+4.70%MSTRX

Correlation

0.45over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4590d: 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	AMDX	MSTRX
Max drawdown (400d)	-25.6%	-18.3%
Risk-adjusted return (90d)	0.01	0.30

Relative strength over 90 days: AMDX outperformed MSTRX by 0.5% — measured on the AMDX/MSTRX ratio, so it holds regardless of market direction.

AMD xStock →MicroStrategy xStock →