Cerebras Systems • Robinhood Token vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 734.8× the size of Cerebras Systems • Robinhood Token (CBRS) by market capitalisation. Their daily returns move barely together (correlation 0.26 across 26 shared trading days). CBRS has been the more volatile of the two, at 423% annualised against CRCLB's 83%.

Correlation: 0.26
Size ratio: 1 : 734.8

Cerebras Systems • Robinhood TokenCBRS

$82.0100

24h: -9.51%
Market cap: $204,361
Volume 24h: $179
Volatility (ann.): 423%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$68.3600

24h: -9.50%
Market cap: $150.17M
Volume 24h: $45.62M
Volatility (ann.): 83%

CBRS 0.1%Share of the two combined market caps99.9% CRCLB

Performance

CBRSCRCLB

7 days-21.62%-10.02%CRCLB
30 days-49.03%-18.89%CRCLB
90 days—+1.70%—

Correlation

0.26over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2690d: 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	CBRS	CRCLB
Max drawdown (400d)	-55.5%	-35.4%
Risk-adjusted return (90d)	-0.12	0.02

Relative strength over 90 days: CRCLB outperformed CBRS by 37.6% — measured on the CBRS/CRCLB ratio, so it holds regardless of market direction.

Cerebras Systems • Robinhood Token →Circle Internet Group (bStocks Tokenized Stock) →