Bilibili (Ondo Tokenized Stock) vs Circle Internet Group (Ondo Tokenized Stock)

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 380.2× the size of Bilibili (Ondo Tokenized Stock) (BILION) by market capitalisation. Over the past 30 days, BILION is ahead by 11.2 percentage points (BILION -4.6% against CRCLON -15.9%). Their daily returns move barely together (correlation 0.26 across 21 shared trading days). CRCLON has been the more volatile of the two, at 97% annualised against BILION's 42%.

Correlation: 0.26
Size ratio: 1 : 380.2
Ahead over 30 days: BILION

Bilibili (Ondo Tokenized Stock)BILION

$14.4500

24h: +9.40%
Market cap: $232,747
Volume 24h: $21,472
Volatility (ann.): 42%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$75.1600

24h: +0.53%
Market cap: $88.48M
Volume 24h: $1.60M
Volatility (ann.): 97%

BILION 0.3%Share of the two combined market caps99.7% CRCLON

Performance

BILIONCRCLON

7 days+1.69%-5.63%BILION
30 days-4.63%-15.88%BILION

Correlation

0.26over 21 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	BILION	CRCLON
Max drawdown (400d)	-12.0%	-30.7%
Risk-adjusted return (90d)	-0.11	0.06

Relative strength over 90 days: BILION outperformed CRCLON by 0.3% — measured on the BILION/CRCLON ratio, so it holds regardless of market direction.

Bilibili (Ondo Tokenized Stock) →Circle Internet Group (Ondo Tokenized Stock) →