Ouster (Ondo Tokenized) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 2571.8× the size of Ouster (Ondo Tokenized) (OUSTON) by market capitalisation. Their daily returns move barely together (correlation 0.03 across 26 shared trading days). Both have run at a similar volatility, around 78% annualised.

Correlation: 0.03
Size ratio: 1 : 2571.8

Ouster (Ondo Tokenized)OUSTON

$32.9700

24h: +6.22%
Market cap: $55,740
Volume 24h: $375
Volatility (ann.): 74%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$66.7400

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

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

Performance

OUSTONCRCLB

7 days+0.94%-5.56%OUSTON
30 days+23.82%-9.22%OUSTON
90 days—+19.24%—

Correlation

0.03over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0390d: 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	OUSTON	CRCLB
Max drawdown (400d)	-12.8%	-31.5%
Risk-adjusted return (90d)	0.32	0.23

Relative strength over 90 days: OUSTON outperformed CRCLB by 53.9% — measured on the OUSTON/CRCLB ratio, so it holds regardless of market direction.

Ouster (Ondo Tokenized) →Circle Internet Group (bStocks Tokenized Stock) →