Coca-Cola xStock vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 140.6× the size of Coca-Cola xStock (KOX) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.03 across 111 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against KOX's 31%.

Correlation: -0.03
Size ratio: 1 : 140.6

Coca-Cola xStockKOX

$96.3600

24h: -1.51%
Market cap: $1.13M
Volume 24h: $53,113
Volatility (ann.): 31%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$73.7000

24h: +0.49%
Market cap: $158.63M
Volume 24h: $25.34M
Volatility (ann.): 82%

KOX 0.7%Share of the two combined market caps99.3% CRCLB

Performance

KOXCRCLB

7 days-0.07%-7.34%KOX
30 days-3.90%-10.38%KOX
90 days+8.32%+21.21%CRCLB
1 year+33.83%——

Correlation

-0.03over 111 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0790d: -0.101y: 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	KOX	CRCLB
Max drawdown (400d)	-9.3%	-31.5%
Risk-adjusted return (90d)	0.26	0.25

Relative strength over 90 days: CRCLB outperformed KOX by 19.4% — measured on the KOX/CRCLB ratio, so it holds regardless of market direction.

Coca-Cola xStock →Circle Internet Group (bStocks Tokenized Stock) →