AST SpaceMobile (bStocks Tokenized Stock) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 181.5× the size of AST SpaceMobile (bStocks Tokenized Stock) (ASTSB) by market capitalisation. Over the past 90 days, CRCLB is ahead by 66.3 percentage points (ASTSB -45.1% against CRCLB +21.2%). Their daily returns move barely together (correlation 0.29 across 91 shared trading days). Both have run at a similar volatility, around 81% annualised.

Correlation: 0.29
Size ratio: 1 : 181.5
Ahead over 90 days: CRCLB

AST SpaceMobile (bStocks Tokenized Stock)ASTSB

$37.5100

24h: -0.00%
Market cap: $919,777
Volume 24h: $290,576
Volatility (ann.): 80%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$76.5400

24h: +3.53%
Market cap: $166.96M
Volume 24h: $35.40M
Volatility (ann.): 82%

ASTSB 0.5%Share of the two combined market caps99.5% CRCLB

Performance

ASTSBCRCLB

7 days-10.23%-7.34%CRCLB
30 days-36.47%-10.38%CRCLB
90 days-45.12%+21.21%CRCLB

Correlation

0.29over 91 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3490d: 0.291y: 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	ASTSB	CRCLB
Max drawdown (400d)	-50.4%	-31.5%
Risk-adjusted return (90d)	-0.56	0.25

Relative strength over 90 days: CRCLB outperformed ASTSB by 54.7% — measured on the ASTSB/CRCLB ratio, so it holds regardless of market direction.

AST SpaceMobile (bStocks Tokenized Stock) →Circle Internet Group (bStocks Tokenized Stock) →