MongoDB • Robinhood Token vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 21265.2× the size of MongoDB • Robinhood Token (MDB) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.25 across 28 shared trading days). MDB has been the more volatile of the two, at 18902% annualised against CRCLB's 83%.

Correlation: -0.25
Size ratio: 1 : 21265.2

MongoDB • Robinhood TokenMDB

$307.6000

24h: -7.58%
Market cap: $7,080
Volume 24h: $19
Volatility (ann.): 18902%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$68.6800

24h: -10.07%
Market cap: $150.55M
Volume 24h: $44.41M
Volatility (ann.): 83%

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

Performance

MDBCRCLB

7 days-98.34%-10.02%CRCLB
30 days-4.50%-18.89%MDB
90 days—+1.70%—

Correlation

-0.25over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2590d: 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	MDB	CRCLB
Max drawdown (400d)	-98.3%	-35.4%
Risk-adjusted return (90d)	0.00	0.02

Relative strength over 90 days: MDB outperformed CRCLB by 16.9% — measured on the MDB/CRCLB ratio, so it holds regardless of market direction.

MongoDB • Robinhood Token →Circle Internet Group (bStocks Tokenized Stock) →