Grindr (ST0x Tokenized Stock) vs MicroStrategy xStock

MicroStrategy xStock (MSTRX) is 3795.2× the size of Grindr (ST0x Tokenized Stock) (WTGRND) by market capitalisation. Over the past 30 days, WTGRND is ahead by 4.3 percentage points (WTGRND -2.4% against MSTRX -6.7%). Their daily returns move loosely together (correlation 0.58 across 22 shared trading days). MSTRX has been the more volatile of the two, at 105% annualised against WTGRND's 48%.

Correlation: 0.58
Size ratio: 1 : 3795.2
Ahead over 30 days: WTGRND

Grindr (ST0x Tokenized Stock)WTGRND

$13.4500

24h: -3.00%
Market cap: $33,347
Volume 24h: $2,500
Volatility (ann.): 48%

MicroStrategy xStockMSTRX

$129.9400

24h: -10.11%
Market cap: $126.56M
Volume 24h: $5.33M
Volatility (ann.): 105%

WTGRND 0.0%Share of the two combined market caps100.0% MSTRX

Performance

WTGRNDMSTRX

7 days+4.91%-5.57%WTGRND
30 days-2.39%-6.73%WTGRND

Correlation

0.58over 22 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	WTGRND	MSTRX
Max drawdown (400d)	-17.8%	-20.7%
Risk-adjusted return (90d)	-0.11	0.21

Relative strength over 90 days: WTGRND outperformed MSTRX by 3.4% — measured on the WTGRND/MSTRX ratio, so it holds regardless of market direction.

Grindr (ST0x Tokenized Stock) →MicroStrategy xStock →