Coherent (bStocks Tokenized Stock) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 46.3× the size of Coherent (bStocks Tokenized Stock) (COHRB) by market capitalisation. Over the past 90 days, CRCLB is ahead by 55.5 percentage points (COHRB -34.3% against CRCLB +21.2%). Their daily returns move barely together (correlation 0.24 across 91 shared trading days). COHRB has been the more volatile of the two, at 96% annualised against CRCLB's 82%.

Correlation: 0.24
Size ratio: 1 : 46.3
Ahead over 90 days: CRCLB

Coherent (bStocks Tokenized Stock)COHRB

$192.1700

24h: -0.22%
Market cap: $3.61M
Volume 24h: $426,701
Volatility (ann.): 96%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$76.3600

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

COHRB 2.1%Share of the two combined market caps97.9% CRCLB

Performance

COHRBCRCLB

7 days-10.16%-7.34%CRCLB
30 days-37.29%-10.38%CRCLB
90 days-34.33%+21.21%CRCLB

Correlation

0.24over 91 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4690d: 0.241y: 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	COHRB	CRCLB
Max drawdown (400d)	-47.9%	-31.5%
Risk-adjusted return (90d)	-0.36	0.25

Relative strength over 90 days: CRCLB outperformed COHRB by 45.8% — measured on the COHRB/CRCLB ratio, so it holds regardless of market direction.

Coherent (bStocks Tokenized Stock) →Circle Internet Group (bStocks Tokenized Stock) →