Apple (Dinari Tokenized Stock) vs MicroStrategy xStock

MicroStrategy xStock (MSTRX) is 498.8× the size of Apple (Dinari Tokenized Stock) (AAPL) by market capitalisation. Over the past 30 days, AAPL is ahead by 8.4 percentage points (AAPL +1.6% against MSTRX -6.7%). Their daily returns move barely together (correlation 0.32 across 20 shared trading days). MSTRX has been the more volatile of the two, at 105% annualised against AAPL's 23%.

Correlation: 0.32
Size ratio: 1 : 498.8
Ahead over 30 days: AAPL

Apple (Dinari Tokenized Stock)AAPL

$350.1700

24h: +6.66%
Market cap: $253,301
Volume 24h: $26,281
Volatility (ann.): 23%

MicroStrategy xStockMSTRX

$129.7600

24h: -9.91%
Market cap: $126.36M
Volume 24h: $5.32M
Volatility (ann.): 105%

AAPL 0.2%Share of the two combined market caps99.8% MSTRX

Performance

AAPLMSTRX

7 days-2.38%-5.57%AAPL
30 days+1.63%-6.73%AAPL

Correlation

0.32over 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	AAPL	MSTRX
Max drawdown (400d)	-3.9%	-20.7%
Risk-adjusted return (90d)	0.07	0.21

Relative strength over 90 days: MSTRX outperformed AAPL by 5.1% — measured on the AAPL/MSTRX ratio, so it holds regardless of market direction.

Apple (Dinari Tokenized Stock) →MicroStrategy xStock →