Marvell Technology • Robinhood Token vs Circle Internet Group (Ondo Tokenized Stock)

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 395.6× the size of Marvell Technology • Robinhood Token (MRVL) by market capitalisation. Over the past 30 days, CRCLON is ahead by 8.7 percentage points (MRVL -24.6% against CRCLON -15.9%). Their daily returns move barely together (correlation 0.19 across 27 shared trading days). CRCLON has been the more volatile of the two, at 97% annualised against MRVL's 84%.

Correlation: 0.19
Size ratio: 1 : 395.6
Ahead over 30 days: CRCLON

Marvell Technology • Robinhood TokenMRVL

$156.3500

24h: -5.70%
Market cap: $223,631
Volume 24h: $10,314
Volatility (ann.): 84%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$75.1600

24h: +0.53%
Market cap: $88.48M
Volume 24h: $1.60M
Volatility (ann.): 97%

MRVL 0.3%Share of the two combined market caps99.7% CRCLON

Performance

MRVLCRCLON

7 days-36.06%-5.63%CRCLON
30 days-24.60%-15.88%CRCLON

Correlation

0.19over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1990d: 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	MRVL	CRCLON
Max drawdown (400d)	-36.2%	-30.7%
Risk-adjusted return (90d)	-0.28	0.06

Relative strength over 90 days: CRCLON outperformed MRVL by 10.3% — measured on the MRVL/CRCLON ratio, so it holds regardless of market direction.

Marvell Technology • Robinhood Token →Circle Internet Group (Ondo Tokenized Stock) →