Bloom Energy • Robinhood Token vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 200.2× the size of Bloom Energy • Robinhood Token (BE) by market capitalisation. Their daily returns move barely together (correlation 0.14 across 39 shared trading days). BE has been the more volatile of the two, at 119% annualised against CRCLB's 82%.

Correlation: 0.14
Size ratio: 1 : 200.2

Bloom Energy • Robinhood TokenBE

$210.3200

24h: +3.41%
Market cap: $798,058
Volume 24h: $410,128
Volatility (ann.): 119%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$74.3300

24h: +1.39%
Market cap: $159.79M
Volume 24h: $29.30M
Volatility (ann.): 82%

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

Performance

BECRCLB

7 days-2.11%-7.34%BE
30 days-22.77%-10.38%CRCLB
90 days—+21.21%—

Correlation

0.14over 39 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0590d: 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	BE	CRCLB
Max drawdown (400d)	-33.5%	-31.5%
Risk-adjusted return (90d)	0.04	0.25

Relative strength over 90 days: BE outperformed CRCLB by 32.6% — measured on the BE/CRCLB ratio, so it holds regardless of market direction.

Bloom Energy • Robinhood Token →Circle Internet Group (bStocks Tokenized Stock) →