Applied Materials Tokenized Stock (Reality) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 780.9× the size of Applied Materials Tokenized Stock (Reality) (RAMAT) by market capitalisation. Their daily returns move loosely together (correlation 0.37 across 25 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against RAMAT's 44%.

Correlation: 0.37
Size ratio: 1 : 780.9

Applied Materials Tokenized Stock (Reality)RAMAT

$360.1700

24h: -2.50%
Market cap: $205,201
Volume 24h: $6,548
Volatility (ann.): 44%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$75.2400

24h: +0.56%
Market cap: $160.24M
Volume 24h: $41.83M
Volatility (ann.): 82%

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

Performance

RAMATCRCLB

7 days-6.23%-5.56%CRCLB
30 days+20.28%-9.22%RAMAT
90 days—+19.24%—

Correlation

0.37over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3790d: 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	RAMAT	CRCLB
Max drawdown (400d)	-6.6%	-31.5%
Risk-adjusted return (90d)	0.46	0.23

Relative strength over 90 days: RAMAT outperformed CRCLB by 20.3% — measured on the RAMAT/CRCLB ratio, so it holds regardless of market direction.

Applied Materials Tokenized Stock (Reality) →Circle Internet Group (bStocks Tokenized Stock) →