Atlassian Corporation • Robinhood Token vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 56566.5× the size of Atlassian Corporation • Robinhood Token (TEAM) by market capitalisation. Their daily returns move loosely together (correlation 0.43 across 24 shared trading days). CRCLB has been the more volatile of the two, at 83% annualised against TEAM's 60%.

Correlation: 0.43
Size ratio: 1 : 56566.5

Atlassian Corporation • Robinhood TokenTEAM

$190.5200

24h: —
Market cap: $2,691
Volume 24h: $11
Volatility (ann.): 60%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$68.7700

24h: -9.20%
Market cap: $152.20M
Volume 24h: $44.31M
Volatility (ann.): 83%

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

Performance

TEAMCRCLB

7 days-12.64%-10.02%CRCLB
30 days—-18.89%—
90 days—+1.70%—

Correlation

0.43over 24 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	TEAM	CRCLB
Max drawdown (400d)	-14.7%	-35.4%
Risk-adjusted return (90d)	0.14	0.02

Relative strength over 90 days: TEAM outperformed CRCLB by 33.1% — measured on the TEAM/CRCLB ratio, so it holds regardless of market direction.

Atlassian Corporation • Robinhood Token →Circle Internet Group (bStocks Tokenized Stock) →