Oracle • Robinhood Token vs MicroStrategy xStock

MicroStrategy xStock (MSTRX) is 307.6× the size of Oracle • Robinhood Token (ORCL) by market capitalisation. Over the past 30 days, MSTRX is ahead by 28.8 percentage points (ORCL -24.1% against MSTRX +4.7%). Their daily returns move barely together (correlation 0.13 across 30 shared trading days). MSTRX has been the more volatile of the two, at 101% annualised against ORCL's 70%.

Correlation: 0.13
Size ratio: 1 : 307.6
Ahead over 30 days: MSTRX

Oracle • Robinhood TokenORCL

$122.0500

24h: +2.53%
Market cap: $426,058
Volume 24h: $55,585
Volatility (ann.): 70%

MicroStrategy xStockMSTRX

$137.4900

24h: +4.92%
Market cap: $131.05M
Volume 24h: $2.75M
Volatility (ann.): 101%

ORCL 0.3%Share of the two combined market caps99.7% MSTRX

Performance

ORCLMSTRX

7 days-13.41%-3.45%MSTRX
30 days-24.07%+4.70%MSTRX

Correlation

0.13over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1390d: 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	ORCL	MSTRX
Max drawdown (400d)	-25.1%	-18.3%
Risk-adjusted return (90d)	-0.27	0.30

Relative strength over 90 days: MSTRX outperformed ORCL by 17.8% — measured on the ORCL/MSTRX ratio, so it holds regardless of market direction.

Oracle • Robinhood Token →MicroStrategy xStock →