Hims & Hers Health, Inc. • Robinhood Token vs MicroStrategy xStock

MicroStrategy xStock (MSTRX) is 56.2× the size of Hims & Hers Health, Inc. • Robinhood Token (HIMS) by market capitalisation. Over the past 30 days, MSTRX is ahead by 5.3 percentage points (HIMS -0.6% against MSTRX +4.7%). Their daily returns move loosely together (correlation 0.46 across 30 shared trading days). MSTRX has been the more volatile of the two, at 101% annualised against HIMS's 49%.

Correlation: 0.46
Size ratio: 1 : 56.2
Ahead over 30 days: MSTRX

Hims & Hers Health, Inc. • Robinhood TokenHIMS

$25.2500

24h: -0.45%
Market cap: $2.30M
Volume 24h: $1.43M
Volatility (ann.): 49%

MicroStrategy xStockMSTRX

$136.1500

24h: +2.03%
Market cap: $129.34M
Volume 24h: $2.95M
Volatility (ann.): 101%

HIMS 1.7%Share of the two combined market caps98.3% MSTRX

Performance

HIMSMSTRX

7 days-3.65%-3.45%MSTRX
30 days-0.57%+4.70%MSTRX

Correlation

0.46over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4690d: 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	HIMS	MSTRX
Max drawdown (400d)	-9.8%	-18.3%
Risk-adjusted return (90d)	-0.08	0.30

Relative strength over 90 days: MSTRX outperformed HIMS by 7.2% — measured on the HIMS/MSTRX ratio, so it holds regardless of market direction.

Hims & Hers Health, Inc. • Robinhood Token →MicroStrategy xStock →