Grindr (ST0x Tokenized Stock) vs Strategy PP Variable xStock

Strategy PP Variable xStock (STRCX) is 4057.0× the size of Grindr (ST0x Tokenized Stock) (WTGRND) by market capitalisation. Over the past 30 days, STRCX is ahead by 5.2 percentage points (WTGRND -2.4% against STRCX +2.8%). Their daily returns move barely together (correlation 0.21 across 24 shared trading days). Both have run at a similar volatility, around 49% annualised.

Correlation: 0.21
Size ratio: 1 : 4057.0
Ahead over 30 days: STRCX

Grindr (ST0x Tokenized Stock)WTGRND

$13.4500

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

Strategy PP Variable xStockSTRCX

$109.2400

24h: -0.31%
Market cap: $135.29M
Volume 24h: $2.52M
Volatility (ann.): 50%

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

Performance

WTGRNDSTRCX

7 days+4.91%-0.16%WTGRND
30 days-2.39%+2.84%STRCX

Correlation

0.21over 24 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	STRCX
Max drawdown (400d)	-17.8%	-7.5%
Risk-adjusted return (90d)	-0.11	0.15

Relative strength over 90 days: STRCX outperformed WTGRND by 12.6% — measured on the WTGRND/STRCX ratio, so it holds regardless of market direction.

Grindr (ST0x Tokenized Stock) →Strategy PP Variable xStock →