Lululemon • Robinhood Token vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 550.6× the size of Lululemon • Robinhood Token (LULU) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.04 across 37 shared trading days). LULU has been the more volatile of the two, at 101% annualised against CRCLB's 82%.

Correlation: -0.04
Size ratio: 1 : 550.6

Lululemon • Robinhood TokenLULU

$106.0700

24h: -1.30%
Market cap: $297,787
Volume 24h: $12,962
Volatility (ann.): 101%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$76.3900

24h: +5.17%
Market cap: $163.95M
Volume 24h: $23.61M
Volatility (ann.): 82%

LULU 0.2%Share of the two combined market caps99.8% CRCLB

Performance

LULUCRCLB

7 days+9.89%-7.34%LULU
30 days+7.07%-10.38%LULU
90 days—+21.21%—

Correlation

-0.04over 37 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0890d: 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	LULU	CRCLB
Max drawdown (400d)	-38.6%	-31.5%
Risk-adjusted return (90d)	-0.32	0.25

Relative strength over 90 days: CRCLB outperformed LULU by 20.0% — measured on the LULU/CRCLB ratio, so it holds regardless of market direction.

Lululemon • Robinhood Token →Circle Internet Group (bStocks Tokenized Stock) →