Microsoft aStock vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 9926.9× the size of Microsoft aStock (AMSFT) by market capitalisation. Their daily returns move loosely together (correlation 0.39 across 31 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against AMSFT's 23%.

Correlation: 0.39
Size ratio: 1 : 9926.9

Microsoft aStockAMSFT

$552.5900

24h: +7.82%
Market cap: $14,870
Volume 24h: —
Volatility (ann.): 23%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$69.6100

24h: -5.90%
Market cap: $147.61M
Volume 24h: $34.76M
Volatility (ann.): 82%

AMSFT 0.0%Share of the two combined market caps100.0% CRCLB

Performance

AMSFTCRCLB

7 days+0.22%-5.56%AMSFT
30 days+2.72%-9.22%AMSFT
90 days—+19.24%—

Correlation

0.39over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3990d: 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	AMSFT	CRCLB
Max drawdown (400d)	-4.6%	-31.5%
Risk-adjusted return (90d)	0.12	0.23

Relative strength over 90 days: AMSFT outperformed CRCLB by 12.7% — measured on the AMSFT/CRCLB ratio, so it holds regardless of market direction.

Microsoft aStock →Circle Internet Group (bStocks Tokenized Stock) →