MongoDB Tokenized Stock (Reality) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 29249.9× the size of MongoDB Tokenized Stock (Reality) (RMDB) by market capitalisation. Their daily returns move barely together (correlation 0.33 across 25 shared trading days). Both have run at a similar volatility, around 84% annualised.

Correlation: 0.33
Size ratio: 1 : 29249.9

MongoDB Tokenized Stock (Reality)RMDB

$325.0400

24h: -1.09%
Market cap: $5,141
Volume 24h: $978
Volatility (ann.): 87%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$68.4100

24h: -10.49%
Market cap: $150.38M
Volume 24h: $41.96M
Volatility (ann.): 82%

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

Performance

RMDBCRCLB

7 days+7.89%-5.56%RMDB
30 days+2.31%-9.22%RMDB
90 days—+19.24%—

Correlation

0.33over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3390d: 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	RMDB	CRCLB
Max drawdown (400d)	-21.9%	-31.5%
Risk-adjusted return (90d)	0.03	0.23

Relative strength over 90 days: RMDB outperformed CRCLB by 1.0% — measured on the RMDB/CRCLB ratio, so it holds regardless of market direction.

MongoDB Tokenized Stock (Reality) →Circle Internet Group (bStocks Tokenized Stock) →