Hims & Hers Health, Inc. • Robinhood Token vs Strategy PP Variable xStock

Strategy PP Variable xStock (STRCX) is 64.0× the size of Hims & Hers Health, Inc. • Robinhood Token (HIMS) by market capitalisation. Over the past 30 days, STRCX is ahead by 3.6 percentage points (HIMS -0.6% against STRCX +3.0%). Their daily returns move barely in opposite directions (correlation -0.01 across 28 shared trading days). Both have run at a similar volatility, around 50% annualised.

Correlation: -0.01
Size ratio: 1 : 64.0
Ahead over 30 days: STRCX

Hims & Hers Health, Inc. • Robinhood TokenHIMS

$25.2500

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

Strategy PP Variable xStockSTRCX

$109.4400

24h: +0.45%
Market cap: $147.36M
Volume 24h: $592,243
Volatility (ann.): 51%

HIMS 1.5%Share of the two combined market caps98.5% STRCX

Performance

HIMSSTRCX

7 days-3.65%+5.41%STRCX
30 days-0.57%+3.05%STRCX

Correlation

-0.01over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0190d: 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	STRCX
Max drawdown (400d)	-9.8%	-7.5%
Risk-adjusted return (90d)	-0.08	0.16

Relative strength over 90 days: STRCX outperformed HIMS by 2.1% — measured on the HIMS/STRCX ratio, so it holds regardless of market direction.

Hims & Hers Health, Inc. • Robinhood Token →Strategy PP Variable xStock →