Credo Technology Group Holding Ltd Ordinary Shares • Robinhood Token vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 26519.3× the size of Credo Technology Group Holding Ltd Ordinary Shares • Robinhood Token (CRDO) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.01 across 25 shared trading days). CRDO has been the more volatile of the two, at 103% annualised against CRCLB's 83%.

Correlation: -0.01
Size ratio: 1 : 26519.3

Credo Technology Group Holding Ltd Ordinary Shares • Robinhood TokenCRDO

$122.8300

24h: —
Market cap: $5,751
Volume 24h: $37
Volatility (ann.): 103%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$69.4000

24h: -7.92%
Market cap: $152.50M
Volume 24h: $47.56M
Volatility (ann.): 83%

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

Performance

CRDOCRCLB

7 days-12.67%-10.02%CRCLB
30 days-40.82%-18.89%CRCLB
90 days—+1.70%—

Correlation

-0.01over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0190d: 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	CRDO	CRCLB
Max drawdown (400d)	-45.0%	-35.4%
Risk-adjusted return (90d)	-0.39	0.02

Relative strength over 90 days: CRCLB outperformed CRDO by 28.9% — measured on the CRDO/CRCLB ratio, so it holds regardless of market direction.

Credo Technology Group Holding Ltd Ordinary Shares • Robinhood Token →Circle Internet Group (bStocks Tokenized Stock) →