e.l.f. Beauty • Robinhood Token vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 22403.8× the size of e.l.f. Beauty • Robinhood Token (ELF) by market capitalisation. Their daily returns move loosely together (correlation 0.35 across 34 shared trading days). CRCLB has been the more volatile of the two, at 83% annualised against ELF's 50%.

Correlation: 0.35
Size ratio: 1 : 22403.8

e.l.f. Beauty • Robinhood TokenELF

$109.6800

24h: -7.51%
Market cap: $6,703
Volume 24h: $6,579
Volatility (ann.): 50%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$68.3600

24h: -9.50%
Market cap: $150.17M
Volume 24h: $45.62M
Volatility (ann.): 83%

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

Performance

ELFCRCLB

7 days-2.38%-10.02%ELF
30 days+8.13%-18.89%ELF
90 days—+1.70%—

Correlation

0.35over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3690d: 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	ELF	CRCLB
Max drawdown (400d)	-8.9%	-35.4%
Risk-adjusted return (90d)	0.14	0.02

Relative strength over 90 days: ELF outperformed CRCLB by 31.3% — measured on the ELF/CRCLB ratio, so it holds regardless of market direction.

e.l.f. Beauty • Robinhood Token →Circle Internet Group (bStocks Tokenized Stock) →