BlackBerry Limited • Robinhood Token vs Circle Internet Group (Ondo Tokenized Stock)

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 453.6× the size of BlackBerry Limited • Robinhood Token (BB) by market capitalisation. Over the past 30 days, BB is ahead by 20.5 percentage points (BB +4.6% against CRCLON -15.9%). Their daily returns move barely together (correlation 0.11 across 29 shared trading days). CRCLON has been the more volatile of the two, at 97% annualised against BB's 62%.

Correlation: 0.11
Size ratio: 1 : 453.6
Ahead over 30 days: BB

BlackBerry Limited • Robinhood TokenBB

$8.0300

24h: +0.02%
Market cap: $197,294
Volume 24h: $8,228
Volatility (ann.): 62%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$75.9900

24h: +2.18%
Market cap: $89.50M
Volume 24h: $1.65M
Volatility (ann.): 97%

BB 0.2%Share of the two combined market caps99.8% CRCLON

Performance

BBCRCLON

7 days-13.75%-5.63%CRCLON
30 days+4.62%-15.88%BB

Correlation

0.11over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1190d: 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	BB	CRCLON
Max drawdown (400d)	-13.8%	-30.7%
Risk-adjusted return (90d)	0.05	0.06

Relative strength over 90 days: BB outperformed CRCLON by 21.4% — measured on the BB/CRCLON ratio, so it holds regardless of market direction.

BlackBerry Limited • Robinhood Token →Circle Internet Group (Ondo Tokenized Stock) →