Booking Tokenized Stock (Reality) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 25189.5× the size of Booking Tokenized Stock (Reality) (RBKNG) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.04 across 25 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against RBKNG's 39%.

Correlation: -0.04
Size ratio: 1 : 25189.5

Booking Tokenized Stock (Reality)RBKNG

$151.5800

24h: -1.64%
Market cap: $6,433
Volume 24h: $114,603
Volatility (ann.): 39%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$76.0100

24h: +2.25%
Market cap: $162.04M
Volume 24h: $41.12M
Volatility (ann.): 82%

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

Performance

RBKNGCRCLB

7 days+1.60%-5.56%RBKNG
30 days-6.09%-9.22%RBKNG
90 days—+19.24%—

Correlation

-0.04over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0490d: 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	RBKNG	CRCLB
Max drawdown (400d)	-9.0%	-31.5%
Risk-adjusted return (90d)	-0.16	0.23

Relative strength over 90 days: CRCLB outperformed RBKNG by 7.0% — measured on the RBKNG/CRCLB ratio, so it holds regardless of market direction.

Booking Tokenized Stock (Reality) →Circle Internet Group (bStocks Tokenized Stock) →