GoPro (bStocks Tokenized Stock) vs MicroStrategy xStock

MicroStrategy xStock (MSTRX) is 264.0× the size of GoPro (bStocks Tokenized Stock) (GPROB) by market capitalisation. Over the past 30 days, MSTRX is ahead by 30.3 percentage points (GPROB -25.6% against MSTRX +4.7%). Their daily returns move barely together (correlation 0.31 across 27 shared trading days). MSTRX has been the more volatile of the two, at 101% annualised against GPROB's 58%.

Correlation: 0.31
Size ratio: 1 : 264.0
Ahead over 30 days: MSTRX

GoPro (bStocks Tokenized Stock)GPROB

$0.970000

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

MicroStrategy xStockMSTRX

$143.6700

24h: +6.51%
Market cap: $136.79M
Volume 24h: $3.92M
Volatility (ann.): 101%

GPROB 0.4%Share of the two combined market caps99.6% MSTRX

Performance

GPROBMSTRX

7 days-4.81%-3.45%MSTRX
30 days-25.56%+4.70%MSTRX

Correlation

0.31over 27 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	MSTRX
Max drawdown (400d)	-28.9%	-18.3%
Risk-adjusted return (90d)	-0.38	0.30

Relative strength over 90 days: MSTRX outperformed GPROB by 27.9% — measured on the GPROB/MSTRX ratio, so it holds regardless of market direction.

GoPro (bStocks Tokenized Stock) →MicroStrategy xStock →