Nebius Group aStock vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 452470.9× the size of Nebius Group aStock (ANBIS) by market capitalisation. Their daily returns move loosely together (correlation 0.47 across 31 shared trading days). Both have run at a similar volatility, around 83% annualised.

Correlation: 0.47
Size ratio: 1 : 452470.9

Nebius Group aStockANBIS

$147.9700

24h: +2.67%
Market cap: $367
Volume 24h: —
Volatility (ann.): 84%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$75.9800

24h: +3.45%
Market cap: $166.03M
Volume 24h: $41.44M
Volatility (ann.): 82%

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

Performance

ANBISCRCLB

7 days-9.17%-5.56%CRCLB
30 days-34.77%-9.22%CRCLB
90 days—+19.24%—

Correlation

0.47over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4790d: 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	ANBIS	CRCLB
Max drawdown (400d)	-38.0%	-31.5%
Risk-adjusted return (90d)	-0.41	0.23

Relative strength over 90 days: CRCLB outperformed ANBIS by 28.4% — measured on the ANBIS/CRCLB ratio, so it holds regardless of market direction.

Nebius Group aStock →Circle Internet Group (bStocks Tokenized Stock) →