Ciena aStock vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 675146.4× the size of Ciena aStock (ACIEN) by market capitalisation. Their daily returns move loosely together (correlation 0.36 across 31 shared trading days). ACIEN has been the more volatile of the two, at 100% annualised against CRCLB's 82%.

Correlation: 0.36
Size ratio: 1 : 675146.4

Ciena aStockACIEN

$268.7300

24h: -7.84%
Market cap: $240
Volume 24h: —
Volatility (ann.): 100%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$76.0200

24h: +3.02%
Market cap: $161.87M
Volume 24h: $43.92M
Volatility (ann.): 82%

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

Performance

ACIENCRCLB

7 days-1.25%-5.56%ACIEN
30 days-5.29%-9.22%ACIEN
90 days—+19.24%—

Correlation

0.36over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3690d: 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	ACIEN	CRCLB
Max drawdown (400d)	-29.0%	-31.5%
Risk-adjusted return (90d)	-0.05	0.23

Relative strength over 90 days: ACIEN outperformed CRCLB by 3.9% — measured on the ACIEN/CRCLB ratio, so it holds regardless of market direction.

Ciena aStock →Circle Internet Group (bStocks Tokenized Stock) →