Ouster, Inc. • Robinhood Token vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 36535.8× the size of Ouster, Inc. • Robinhood Token (OUST) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.08 across 20 shared trading days). Both have run at a similar volatility, around 82% annualised.

Correlation: -0.08
Size ratio: 1 : 36535.8

Ouster, Inc. • Robinhood TokenOUST

$32.7800

24h: —
Market cap: $3,973
Volume 24h: $18
Volatility (ann.): 81%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$65.9200

24h: -10.18%
Market cap: $145.14M
Volume 24h: $34.28M
Volatility (ann.): 82%

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

Performance

OUSTCRCLB

7 days-0.37%-5.56%OUST
30 days—-9.22%—
90 days—+19.24%—

Correlation

-0.08over 20 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	OUST	CRCLB
Max drawdown (400d)	-31.8%	-31.5%
Risk-adjusted return (90d)	—	0.23

Relative strength over 90 days: CRCLB outperformed OUST by 19.5% — measured on the OUST/CRCLB ratio, so it holds regardless of market direction.

Ouster, Inc. • Robinhood Token →Circle Internet Group (bStocks Tokenized Stock) →