NVIDIA (Dinari Tokenized Stock) vs Strategy PP Variable xStock

Strategy PP Variable xStock (STRCX) is 145.2× the size of NVIDIA (Dinari Tokenized Stock) (NVDA) by market capitalisation. Over the past 30 days, NVDA is ahead by 0.2 percentage points (NVDA +3.3% against STRCX +3.0%). Their daily returns move barely in opposite directions (correlation -0.08 across 21 shared trading days). STRCX has been the more volatile of the two, at 51% annualised against NVDA's 27%.

Correlation: -0.08
Size ratio: 1 : 145.2
Ahead over 30 days: NVDA

NVIDIA (Dinari Tokenized Stock)NVDA

$204.3800

24h: -0.24%
Market cap: $1.01M
Volume 24h: $41,558
Volatility (ann.): 27%

Strategy PP Variable xStockSTRCX

$109.4400

24h: +0.45%
Market cap: $147.36M
Volume 24h: $592,243
Volatility (ann.): 51%

NVDA 0.7%Share of the two combined market caps99.3% STRCX

Performance

NVDASTRCX

7 days+1.35%+5.41%STRCX
30 days+3.26%+3.05%NVDA

Correlation

-0.08over 21 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	NVDA	STRCX
Max drawdown (400d)	-8.4%	-7.5%
Risk-adjusted return (90d)	0.12	0.16

Relative strength over 90 days: NVDA outperformed STRCX by 0.2% — measured on the NVDA/STRCX ratio, so it holds regardless of market direction.

NVIDIA (Dinari Tokenized Stock) →Strategy PP Variable xStock →