Modine Manufacturing Co • Robinhood Token vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 18771.7× the size of Modine Manufacturing Co • Robinhood Token (MOD) by market capitalisation. Their daily returns move loosely together (correlation 0.41 across 27 shared trading days). MOD has been the more volatile of the two, at 178% annualised against CRCLB's 82%.

Correlation: 0.41
Size ratio: 1 : 18771.7

Modine Manufacturing Co • Robinhood TokenMOD

$94.2300

24h: —
Market cap: $7,703
Volume 24h: $1,997
Volatility (ann.): 178%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$67.5300

24h: -12.77%
Market cap: $144.61M
Volume 24h: $40.56M
Volatility (ann.): 82%

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

Performance

MODCRCLB

7 days-49.57%-5.56%CRCLB
30 days-49.17%-9.22%CRCLB
90 days—+19.24%—

Correlation

0.41over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4190d: 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	MOD	CRCLB
Max drawdown (400d)	-49.6%	-31.5%
Risk-adjusted return (90d)	-0.28	0.23

Relative strength over 90 days: CRCLB outperformed MOD by 31.4% — measured on the MOD/CRCLB ratio, so it holds regardless of market direction.

Modine Manufacturing Co • Robinhood Token →Circle Internet Group (bStocks Tokenized Stock) →