MaxLinear • Robinhood Token vs MicroStrategy xStock

MicroStrategy xStock (MSTRX) is 22989.0× the size of MaxLinear • Robinhood Token (MXL) by market capitalisation. Over the past 30 days, MSTRX is ahead by 52.6 percentage points (MXL -59.3% against MSTRX -6.7%). Their daily returns move loosely together (correlation 0.46 across 20 shared trading days). MXL has been the more volatile of the two, at 137% annualised against MSTRX's 105%.

Correlation: 0.46
Size ratio: 1 : 22989.0
Ahead over 30 days: MSTRX

MaxLinear • Robinhood TokenMXL

$44.4400

24h: -19.97%
Market cap: $5,366
Volume 24h: $2,237
Volatility (ann.): 137%

MicroStrategy xStockMSTRX

$126.4500

24h: -2.21%
Market cap: $123.37M
Volume 24h: $4.78M
Volatility (ann.): 105%

MXL 0.0%Share of the two combined market caps100.0% MSTRX

Performance

MXLMSTRX

7 days-38.87%-5.57%MSTRX
30 days-59.29%-6.73%MSTRX

Correlation

0.46over 20 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	MXL	MSTRX
Max drawdown (400d)	-59.3%	-20.7%
Risk-adjusted return (90d)	-0.38	0.21

Relative strength over 90 days: MSTRX outperformed MXL by 32.2% — measured on the MXL/MSTRX ratio, so it holds regardless of market direction.

MaxLinear • Robinhood Token →MicroStrategy xStock →