Microsoft (bStocks Tokenized Stock) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 56.7× the size of Microsoft (bStocks Tokenized Stock) (MSFTB) by market capitalisation. Over the past 90 days, CRCLB is ahead by 14.7 percentage points (MSFTB +6.5% against CRCLB +21.2%). Their daily returns move barely together (correlation 0.15 across 127 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against MSFTB's 29%.

Correlation: 0.15
Size ratio: 1 : 56.7
Ahead over 90 days: CRCLB

Microsoft (bStocks Tokenized Stock)MSFTB

$552.4800

24h: +0.20%
Market cap: $2.87M
Volume 24h: $100,123
Volatility (ann.): 29%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$74.4200

24h: -1.19%
Market cap: $162.56M
Volume 24h: $38.24M
Volatility (ann.): 82%

MSFTB 1.7%Share of the two combined market caps98.3% CRCLB

Performance

MSFTBCRCLB

7 days-2.88%-7.34%MSFTB
30 days-0.07%-10.38%MSFTB
90 days+6.46%+21.21%CRCLB

Correlation

0.15over 127 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4090d: 0.241y: 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	MSFTB	CRCLB
Max drawdown (400d)	-6.7%	-31.5%
Risk-adjusted return (90d)	0.27	0.25

Relative strength over 90 days: CRCLB outperformed MSFTB by 12.2% — measured on the MSFTB/CRCLB ratio, so it holds regardless of market direction.

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