Hewlett Packard Enterprise Company • Robinhood Token vs Strategy PP Variable xStock

Strategy PP Variable xStock (STRCX) is 5395.3× the size of Hewlett Packard Enterprise Company • Robinhood Token (HPE) by market capitalisation. Over the past 30 days, STRCX is ahead by 36.8 percentage points (HPE -34.0% against STRCX +2.8%). Their daily returns move barely together (correlation 0.18 across 24 shared trading days). HPE has been the more volatile of the two, at 68% annualised against STRCX's 50%.

Correlation: 0.18
Size ratio: 1 : 5395.3
Ahead over 30 days: STRCX

Hewlett Packard Enterprise Company • Robinhood TokenHPE

$43.8700

24h: -12.29%
Market cap: $25,131
Volume 24h: $1,494
Volatility (ann.): 68%

Strategy PP Variable xStockSTRCX

$109.4900

24h: +0.05%
Market cap: $135.59M
Volume 24h: $2.57M
Volatility (ann.): 50%

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

Performance

HPESTRCX

7 days-21.60%-0.16%STRCX
30 days-34.00%+2.84%STRCX

Correlation

0.18over 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	HPE	STRCX
Max drawdown (400d)	-36.6%	-7.5%
Risk-adjusted return (90d)	-0.41	0.15

Relative strength over 90 days: STRCX outperformed HPE by 35.0% — measured on the HPE/STRCX ratio, so it holds regardless of market direction.

Hewlett Packard Enterprise Company • Robinhood Token →Strategy PP Variable xStock →