CURRENC Group Inc. vs Circle Internet Group (Ondo Tokenized Stock)

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 9.2× the size of CURRENC Group Inc. (CURR) by market capitalisation. Over the past 30 days, CURR is ahead by 5.7 percentage points (CURR -11.0% against CRCLON -16.7%). Their daily returns move barely together (correlation 0.27 across 24 shared trading days). CURR has been the more volatile of the two, at 131% annualised against CRCLON's 98%.

Correlation: 0.27
Size ratio: 1 : 9.2
Ahead over 30 days: CURR

CURRENC Group Inc.CURR

$2.0100

24h: +4.15%
Market cap: $9.48M
Volume 24h: —
Volatility (ann.): 131%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$73.7900

24h: +1.32%
Market cap: $86.85M
Volume 24h: $1.01M
Volatility (ann.): 98%

CURR 9.8%Share of the two combined market caps90.2% CRCLON

Performance

CURRCRCLON

7 days-7.12%-6.27%CRCLON
30 days-10.98%-16.67%CURR

Correlation

0.27over 24 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	CURR	CRCLON
Max drawdown (400d)	-25.2%	-30.7%
Risk-adjusted return (90d)	-0.08	0.06

Relative strength over 90 days: CRCLON outperformed CURR by 8.5% — measured on the CURR/CRCLON ratio, so it holds regardless of market direction.

CURRENC Group Inc. →Circle Internet Group (Ondo Tokenized Stock) →