Occidental Petroleum (Ondo Tokenized) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 1529.9× the size of Occidental Petroleum (Ondo Tokenized) (OXYON) by market capitalisation. Their daily returns move barely together (correlation 0.06 across 30 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against OXYON's 43%.

Correlation: 0.06
Size ratio: 1 : 1529.9

Occidental Petroleum (Ondo Tokenized)OXYON

$58.0200

24h: -4.83%
Market cap: $93,702
Volume 24h: $7,712
Volatility (ann.): 43%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$66.7400

24h: -12.45%
Market cap: $143.35M
Volume 24h: $40.23M
Volatility (ann.): 82%

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

Performance

OXYONCRCLB

7 days+1.89%-5.56%OXYON
30 days-3.98%-9.22%OXYON
90 days—+19.24%—

Correlation

0.06over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0690d: 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	OXYON	CRCLB
Max drawdown (400d)	-13.5%	-31.5%
Risk-adjusted return (90d)	-0.09	0.23

Relative strength over 90 days: OXYON outperformed CRCLB by 19.4% — measured on the OXYON/CRCLB ratio, so it holds regardless of market direction.

Occidental Petroleum (Ondo Tokenized) →Circle Internet Group (bStocks Tokenized Stock) →