Cerebras Systems (Ondo Tokenized) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 528.0× the size of Cerebras Systems (Ondo Tokenized) (CBRSON) by market capitalisation. Over the past 90 days, CRCLB is ahead by 72.9 percentage points (CBRSON -53.7% against CRCLB +19.2%). Their daily returns move barely together (correlation 0.34 across 112 shared trading days). CBRSON has been the more volatile of the two, at 135% annualised against CRCLB's 82%.

Correlation: 0.34
Size ratio: 1 : 528.0
Ahead over 90 days: CRCLB

Cerebras Systems (Ondo Tokenized)CBRSON

$90.5600

24h: -5.93%
Market cap: $300,662
Volume 24h: $281,739
Volatility (ann.): 135%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$74.2600

24h: +0.33%
Market cap: $158.75M
Volume 24h: $34.09M
Volatility (ann.): 82%

CBRSON 0.2%Share of the two combined market caps99.8% CRCLB

Performance

CBRSONCRCLB

7 days-21.81%-5.56%CRCLB
30 days-56.23%-9.22%CRCLB
90 days-53.67%+19.24%CRCLB

Correlation

0.34over 112 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2790d: 0.351y: 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	CBRSON	CRCLB
Max drawdown (400d)	-63.4%	-31.5%
Risk-adjusted return (90d)	-0.39	0.23

Relative strength over 90 days: CRCLB outperformed CBRSON by 61.4% — measured on the CBRSON/CRCLB ratio, so it holds regardless of market direction.

Cerebras Systems (Ondo Tokenized) →Circle Internet Group (bStocks Tokenized Stock) →