Marvell Technology • Robinhood Token vs Strategy PP Variable xStock

Strategy PP Variable xStock (STRCX) is 636.3× the size of Marvell Technology • Robinhood Token (MRVL) by market capitalisation. Over the past 30 days, STRCX is ahead by 28.2 percentage points (MRVL -24.6% against STRCX +3.6%). Their daily returns move barely in opposite directions (correlation -0.27 across 26 shared trading days). MRVL has been the more volatile of the two, at 84% annualised against STRCX's 51%.

Correlation: -0.27
Size ratio: 1 : 636.3
Ahead over 30 days: STRCX

Marvell Technology • Robinhood TokenMRVL

$156.3500

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

Strategy PP Variable xStockSTRCX

$109.7900

24h: +0.10%
Market cap: $142.30M
Volume 24h: $497,156
Volatility (ann.): 51%

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

Performance

MRVLSTRCX

7 days-36.06%+0.05%STRCX
30 days-24.60%+3.64%STRCX

Correlation

-0.27over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2790d: 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	STRCX
Max drawdown (400d)	-36.2%	-7.5%
Risk-adjusted return (90d)	-0.28	0.16

Relative strength over 90 days: STRCX outperformed MRVL by 28.3% — measured on the MRVL/STRCX ratio, so it holds regardless of market direction.

Marvell Technology • Robinhood Token →Strategy PP Variable xStock →