Everpure • Robinhood Token vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 11451.9× the size of Everpure • Robinhood Token (P) by market capitalisation. Their daily returns move barely together (correlation 0.28 across 33 shared trading days). P has been the more volatile of the two, at 104% annualised against CRCLB's 83%.

Correlation: 0.28
Size ratio: 1 : 11451.9

Everpure • Robinhood TokenP

$96.3600

24h: -15.60%
Market cap: $13,317
Volume 24h: $2,287
Volatility (ann.): 104%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$69.2800

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

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

Performance

PCRCLB

7 days-26.86%-10.02%CRCLB
30 days-27.04%-18.89%CRCLB
90 days—+1.70%—

Correlation

0.28over 33 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3190d: 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	P	CRCLB
Max drawdown (400d)	-36.1%	-35.4%
Risk-adjusted return (90d)	-0.22	0.02

Relative strength over 90 days: CRCLB outperformed P by 5.5% — measured on the P/CRCLB ratio, so it holds regardless of market direction.

Everpure • Robinhood Token →Circle Internet Group (bStocks Tokenized Stock) →