Bloom Energy • Robinhood Token vs Strategy PP Variable xStock

Strategy PP Variable xStock (STRCX) is 184.7× the size of Bloom Energy • Robinhood Token (BE) by market capitalisation. Over the past 30 days, STRCX is ahead by 25.8 percentage points (BE -22.8% against STRCX +3.0%). Their daily returns move barely in opposite directions (correlation -0.12 across 29 shared trading days). BE has been the more volatile of the two, at 119% annualised against STRCX's 51%.

Correlation: -0.12
Size ratio: 1 : 184.7
Ahead over 30 days: STRCX

Bloom Energy • Robinhood TokenBE

$210.3200

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

Strategy PP Variable xStockSTRCX

$109.4600

24h: +3.29%
Market cap: $147.39M
Volume 24h: $593,595
Volatility (ann.): 51%

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

Performance

BESTRCX

7 days-2.11%+5.41%STRCX
30 days-22.77%+3.05%STRCX

Correlation

-0.12over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1290d: 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	STRCX
Max drawdown (400d)	-33.5%	-7.5%
Risk-adjusted return (90d)	0.04	0.16

Relative strength over 90 days: STRCX outperformed BE by 0.1% — measured on the BE/STRCX ratio, so it holds regardless of market direction.

Bloom Energy • Robinhood Token →Strategy PP Variable xStock →