Marvell Technology • Robinhood Token vs MicroStrategy xStock

MicroStrategy xStock (MSTRX) is 618.4× the size of Marvell Technology • Robinhood Token (MRVL) by market capitalisation. Over the past 30 days, MSTRX is ahead by 35.5 percentage points (MRVL -24.6% against MSTRX +10.9%). Their daily returns move loosely together (correlation 0.35 across 28 shared trading days). MSTRX has been the more volatile of the two, at 101% annualised against MRVL's 84%.

Correlation: 0.35
Size ratio: 1 : 618.4
Ahead over 30 days: MSTRX

Marvell Technology • Robinhood TokenMRVL

$156.3500

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

MicroStrategy xStockMSTRX

$143.2400

24h: +5.94%
Market cap: $138.30M
Volume 24h: $3.75M
Volatility (ann.): 101%

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

Performance

MRVLMSTRX

7 days-36.06%+0.26%MSTRX
30 days-24.60%+10.88%MSTRX

Correlation

0.35over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3590d: 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	MSTRX
Max drawdown (400d)	-36.2%	-18.3%
Risk-adjusted return (90d)	-0.28	0.38

Relative strength over 90 days: MSTRX outperformed MRVL by 33.9% — measured on the MRVL/MSTRX ratio, so it holds regardless of market direction.

Marvell Technology • Robinhood Token →MicroStrategy xStock →