Lululemon • Robinhood Token vs MicroStrategy xStock

MicroStrategy xStock (MSTRX) is 440.1× the size of Lululemon • Robinhood Token (LULU) by market capitalisation. Over the past 30 days, LULU is ahead by 2.4 percentage points (LULU +7.1% against MSTRX +4.7%). Their daily returns move barely together (correlation 0.11 across 28 shared trading days). Both have run at a similar volatility, around 101% annualised.

Correlation: 0.11
Size ratio: 1 : 440.1
Ahead over 30 days: LULU

Lululemon • Robinhood TokenLULU

$106.0700

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

MicroStrategy xStockMSTRX

$137.4900

24h: +4.92%
Market cap: $131.05M
Volume 24h: $2.75M
Volatility (ann.): 101%

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

Performance

LULUMSTRX

7 days+9.89%-3.45%LULU
30 days+7.07%+4.70%LULU

Correlation

0.11over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1190d: 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	MSTRX
Max drawdown (400d)	-38.6%	-18.3%
Risk-adjusted return (90d)	-0.32	0.30

Relative strength over 90 days: MSTRX outperformed LULU by 38.1% — measured on the LULU/MSTRX ratio, so it holds regardless of market direction.

Lululemon • Robinhood Token →MicroStrategy xStock →