Arm Holdings aStock vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 462575.1× the size of Arm Holdings aStock (AARM) by market capitalisation. Their daily returns move barely together (correlation 0.25 across 31 shared trading days). Both have run at a similar volatility, around 78% annualised.

Correlation: 0.25
Size ratio: 1 : 462575.1

Arm Holdings aStockAARM

$200.5100

24h: +0.29%
Market cap: $350
Volume 24h: —
Volatility (ann.): 75%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$76.0100

24h: +2.25%
Market cap: $162.04M
Volume 24h: $41.12M
Volatility (ann.): 82%

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

Performance

AARMCRCLB

7 days+1.75%-5.56%AARM
30 days-27.66%-9.22%CRCLB
90 days—+19.24%—

Correlation

0.25over 31 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	AARM	CRCLB
Max drawdown (400d)	-32.4%	-31.5%
Risk-adjusted return (90d)	-0.37	0.23

Relative strength over 90 days: CRCLB outperformed AARM by 20.6% — measured on the AARM/CRCLB ratio, so it holds regardless of market direction.

Arm Holdings aStock →Circle Internet Group (bStocks Tokenized Stock) →