GoPro (bStocks Tokenized Stock) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 306.6× the size of GoPro (bStocks Tokenized Stock) (GPROB) by market capitalisation. Their daily returns move barely together (correlation 0.21 across 49 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against GPROB's 58%.

Correlation: 0.21
Size ratio: 1 : 306.6

GoPro (bStocks Tokenized Stock)GPROB

$0.980000

24h: —
Market cap: $518,126
Volume 24h: $66,252
Volatility (ann.): 58%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$72.7700

24h: -1.14%
Market cap: $158.84M
Volume 24h: $29.40M
Volatility (ann.): 82%

GPROB 0.3%Share of the two combined market caps99.7% CRCLB

Performance

GPROBCRCLB

7 days-4.81%-7.34%GPROB
30 days-25.56%-10.38%CRCLB
90 days—+21.21%—

Correlation

0.21over 49 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	GPROB	CRCLB
Max drawdown (400d)	-28.9%	-31.5%
Risk-adjusted return (90d)	-0.38	0.25

Relative strength over 90 days: CRCLB outperformed GPROB by 15.3% — measured on the GPROB/CRCLB ratio, so it holds regardless of market direction.

GoPro (bStocks Tokenized Stock) →Circle Internet Group (bStocks Tokenized Stock) →