Comcast Tokenized Stock (Reality) vs Strategy PP Variable xStock

Strategy PP Variable xStock (STRCX) is 17241.6× the size of Comcast Tokenized Stock (Reality) (RCMCSA) by market capitalisation. Over the past 30 days, RCMCSA is ahead by 6.7 percentage points (RCMCSA +10.3% against STRCX +3.6%). Their daily returns move barely together (correlation 0.12 across 20 shared trading days). STRCX has been the more volatile of the two, at 51% annualised against RCMCSA's 37%.

Correlation: 0.12
Size ratio: 1 : 17241.6
Ahead over 30 days: RCMCSA

Comcast Tokenized Stock (Reality)RCMCSA

$23.5600

24h: -0.95%
Market cap: $8,244
Volume 24h: $1,265
Volatility (ann.): 37%

Strategy PP Variable xStockSTRCX

$109.7000

24h: +0.09%
Market cap: $142.14M
Volume 24h: $501,577
Volatility (ann.): 51%

RCMCSA 0.0%Share of the two combined market caps100.0% STRCX

Performance

RCMCSASTRCX

7 days+9.12%+0.05%RCMCSA
30 days+10.34%+3.64%RCMCSA

Correlation

0.12over 20 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	RCMCSA	STRCX
Max drawdown (400d)	-5.5%	-7.5%
Risk-adjusted return (90d)	0.28	0.16

Relative strength over 90 days: RCMCSA outperformed STRCX by 14.4% — measured on the RCMCSA/STRCX ratio, so it holds regardless of market direction.

Comcast Tokenized Stock (Reality) →Strategy PP Variable xStock →