Monolithic Power Systems, Inc. • Robinhood Token vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 31547.0× the size of Monolithic Power Systems, Inc. • Robinhood Token (MPWR) by market capitalisation. Their daily returns move loosely together (correlation 0.54 across 24 shared trading days). Both have run at a similar volatility, around 79% annualised.

Correlation: 0.54
Size ratio: 1 : 31547.0

Monolithic Power Systems, Inc. • Robinhood TokenMPWR

$1,253.26

24h: -1.51%
Market cap: $4,825
Volume 24h: $156
Volatility (ann.): 74%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$68.9800

24h: -9.20%
Market cap: $152.20M
Volume 24h: $44.31M
Volatility (ann.): 83%

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

Performance

MPWRCRCLB

7 days+1.68%-10.02%MPWR
30 days—-18.89%—
90 days—+1.70%—

Correlation

0.54over 24 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	MPWR	CRCLB
Max drawdown (400d)	-22.7%	-35.4%
Risk-adjusted return (90d)	-0.14	0.02

Relative strength over 90 days: MPWR outperformed CRCLB by 9.7% — measured on the MPWR/CRCLB ratio, so it holds regardless of market direction.

Monolithic Power Systems, Inc. • Robinhood Token →Circle Internet Group (bStocks Tokenized Stock) →