Constellation Energy Corporation • Robinhood Token vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 3824.3× the size of Constellation Energy Corporation • Robinhood Token (CEG) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.23 across 39 shared trading days). Both have run at a similar volatility, around 79% annualised.

Correlation: -0.23
Size ratio: 1 : 3824.3

Constellation Energy Corporation • Robinhood TokenCEG

$243.2700

24h: -6.73%
Market cap: $37,813
Volume 24h: $10,748
Volatility (ann.): 77%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$66.5100

24h: -12.77%
Market cap: $144.61M
Volume 24h: $40.56M
Volatility (ann.): 82%

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

Performance

CEGCRCLB

7 days-5.08%-5.56%CEG
30 days-15.90%-9.22%CRCLB
90 days—+19.24%—

Correlation

-0.23over 39 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0090d: 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	CEG	CRCLB
Max drawdown (400d)	-25.1%	-31.5%
Risk-adjusted return (90d)	-0.15	0.23

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

Constellation Energy Corporation • Robinhood Token →Circle Internet Group (bStocks Tokenized Stock) →