CEA Industries (bStocks Tokenized Stock) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 4.2× the size of CEA Industries (bStocks Tokenized Stock) (BNCB) by market capitalisation. Their daily returns move loosely together (correlation 0.60 across 52 shared trading days). Both have run at a similar volatility, around 88% annualised.

Correlation: 0.60
Size ratio: 1 : 4.2

CEA Industries (bStocks Tokenized Stock)BNCB

$5.0200

24h: +2.12%
Market cap: $38.66M
Volume 24h: $22.08M
Volatility (ann.): 93%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$75.9000

24h: +2.87%
Market cap: $161.75M
Volume 24h: $41.04M
Volatility (ann.): 82%

BNCB 19.3%Share of the two combined market caps80.7% CRCLB

Performance

BNCBCRCLB

7 days-10.34%-5.56%CRCLB
30 days-17.27%-9.22%CRCLB
90 days—+19.24%—

Correlation

0.60over 52 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5190d: 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	BNCB	CRCLB
Max drawdown (400d)	-33.3%	-31.5%
Risk-adjusted return (90d)	-0.04	0.23

Relative strength over 90 days: BNCB outperformed CRCLB by 19.7% — measured on the BNCB/CRCLB ratio, so it holds regardless of market direction.

CEA Industries (bStocks Tokenized Stock) →Circle Internet Group (bStocks Tokenized Stock) →