Chaince Digital Holdings Inc aStock vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 58840714.8× the size of Chaince Digital Holdings Inc aStock (ACD) by market capitalisation. Their daily returns move barely together (correlation 0.03 across 31 shared trading days). ACD has been the more volatile of the two, at 196% annualised against CRCLB's 82%.

Correlation: 0.03
Size ratio: 1 : 58840714.8

Chaince Digital Holdings Inc aStockACD

$5.6900

24h: +4.03%
Market cap: $3
Volume 24h: —
Volatility (ann.): 196%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$76.3600

24h: +1.34%
Market cap: $167.11M
Volume 24h: $43.07M
Volatility (ann.): 82%

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

Performance

ACDCRCLB

7 days+4.74%-7.34%ACD
30 days+79.41%-10.38%ACD
90 days—+21.21%—

Correlation

0.03over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0390d: 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	ACD	CRCLB
Max drawdown (400d)	-40.1%	-31.5%
Risk-adjusted return (90d)	0.41	0.25

Relative strength over 90 days: ACD outperformed CRCLB by 96.8% — measured on the ACD/CRCLB ratio, so it holds regardless of market direction.

Chaince Digital Holdings Inc aStock →Circle Internet Group (bStocks Tokenized Stock) →