Nike (Dinari Tokenized Stock) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 1029.8× the size of Nike (Dinari Tokenized Stock) (NKE) by market capitalisation. Their daily returns move loosely together (correlation 0.53 across 27 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against NKE's 20%.

Correlation: 0.53
Size ratio: 1 : 1029.8

Nike (Dinari Tokenized Stock)NKE

$38.3800

24h: -1.89%
Market cap: $157,066
Volume 24h: $25
Volatility (ann.): 20%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$76.0000

24h: +2.87%
Market cap: $161.75M
Volume 24h: $41.04M
Volatility (ann.): 82%

NKE 0.1%Share of the two combined market caps99.9% CRCLB

Performance

NKECRCLB

7 days-1.89%-5.56%NKE
30 days-7.21%-9.22%NKE
90 days—+19.24%—

Correlation

0.53over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5390d: 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	NKE	CRCLB
Max drawdown (400d)	-8.7%	-31.5%
Risk-adjusted return (90d)	-0.36	0.23

Relative strength over 90 days: CRCLB outperformed NKE by 0.9% — measured on the NKE/CRCLB ratio, so it holds regardless of market direction.

Nike (Dinari Tokenized Stock) →Circle Internet Group (bStocks Tokenized Stock) →