Lockheed Martin Corp. • Robinhood Token vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 1550.9× the size of Lockheed Martin Corp. • Robinhood Token (LMT) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.19 across 39 shared trading days). Both have run at a similar volatility, around 84% annualised.

Correlation: -0.19
Size ratio: 1 : 1550.9

Lockheed Martin Corp. • Robinhood TokenLMT

$593.1200

24h: -7.51%
Market cap: $92,431
Volume 24h: $18,194
Volatility (ann.): 86%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$66.7400

24h: -12.45%
Market cap: $143.35M
Volume 24h: $40.23M
Volatility (ann.): 82%

LMT 0.1%Share of the two combined market caps99.9% CRCLB

Performance

LMTCRCLB

7 days-4.38%-5.56%LMT
30 days+14.52%-9.22%LMT
90 days—+19.24%—

Correlation

-0.19over 39 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2490d: 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	LMT	CRCLB
Max drawdown (400d)	-9.8%	-31.5%
Risk-adjusted return (90d)	0.13	0.23

Relative strength over 90 days: LMT outperformed CRCLB by 29.9% — measured on the LMT/CRCLB ratio, so it holds regardless of market direction.

Lockheed Martin Corp. • Robinhood Token →Circle Internet Group (bStocks Tokenized Stock) →