Microsoft • Robinhood Token vs Strategy PP Variable xStock

Strategy PP Variable xStock (STRCX) is 81.0× the size of Microsoft • Robinhood Token (MSFT) by market capitalisation. Over the past 30 days, MSFT is ahead by 1.3 percentage points (MSFT +4.3% against STRCX +3.0%). Their daily returns move barely in opposite directions (correlation -0.22 across 29 shared trading days). STRCX has been the more volatile of the two, at 51% annualised against MSFT's 27%.

Correlation: -0.22
Size ratio: 1 : 81.0
Ahead over 30 days: MSFT

Microsoft • Robinhood TokenMSFT

$512.1100

24h: +0.69%
Market cap: $1.82M
Volume 24h: $844,955
Volatility (ann.): 27%

Strategy PP Variable xStockSTRCX

$109.3300

24h: +0.18%
Market cap: $147.22M
Volume 24h: $596,482
Volatility (ann.): 51%

MSFT 1.2%Share of the two combined market caps98.8% STRCX

Performance

MSFTSTRCX

7 days+3.01%+5.41%STRCX
30 days+4.32%+3.05%MSFT

Correlation

-0.22over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2290d: 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	MSFT	STRCX
Max drawdown (400d)	-5.0%	-7.5%
Risk-adjusted return (90d)	0.07	0.16

Relative strength over 90 days: STRCX outperformed MSFT by 0.6% — measured on the MSFT/STRCX ratio, so it holds regardless of market direction.

Microsoft • Robinhood Token →Strategy PP Variable xStock →