American Airlines Group Tokenized Stock (Reality) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 36480.2× the size of American Airlines Group Tokenized Stock (Reality) (RAAL) by market capitalisation. Their daily returns move loosely together (correlation 0.38 across 25 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against RAAL's 45%.

Correlation: 0.38
Size ratio: 1 : 36480.2

American Airlines Group Tokenized Stock (Reality)RAAL

$12.7600

24h: -1.75%
Market cap: $4,439
Volume 24h: $110,059
Volatility (ann.): 45%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$75.4500

24h: +3.09%
Market cap: $161.92M
Volume 24h: $43.99M
Volatility (ann.): 82%

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

Performance

RAALCRCLB

7 days+1.83%-5.56%RAAL
30 days-1.46%-9.22%RAAL
90 days—+19.24%—

Correlation

0.38over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3890d: 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	RAAL	CRCLB
Max drawdown (400d)	-10.3%	-31.5%
Risk-adjusted return (90d)	-0.03	0.23

Relative strength over 90 days: RAAL outperformed CRCLB by 8.9% — measured on the RAAL/CRCLB ratio, so it holds regardless of market direction.

American Airlines Group Tokenized Stock (Reality) →Circle Internet Group (bStocks Tokenized Stock) →