Palantir Technologies (bStocks Tokenized Stock) vs MicroStrategy xStock

MicroStrategy xStock (MSTRX) is 94.7× the size of Palantir Technologies (bStocks Tokenized Stock) (PLTRB) by market capitalisation. Their daily returns move loosely together (correlation 0.55 across 55 shared trading days). MSTRX has been the more volatile of the two, at 101% annualised against PLTRB's 58%.

Correlation: 0.55
Size ratio: 1 : 94.7

Palantir Technologies (bStocks Tokenized Stock)PLTRB

$170.7500

24h: +0.16%
Market cap: $1.46M
Volume 24h: $157,870
Volatility (ann.): 58%

MicroStrategy xStockMSTRX

$144.6200

24h: +6.05%
Market cap: $138.28M
Volume 24h: $3.94M
Volatility (ann.): 101%

PLTRB 1.0%Share of the two combined market caps99.0% MSTRX

Performance

PLTRBMSTRX

7 days-12.40%-3.45%MSTRX
30 days-8.11%+4.70%MSTRX
90 days+11.27%——

Correlation

0.55over 55 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5290d: 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	PLTRB	MSTRX
Max drawdown (400d)	-17.8%	-18.3%
Risk-adjusted return (90d)	0.23	0.30

Relative strength over 90 days: MSTRX outperformed PLTRB by 24.2% — measured on the PLTRB/MSTRX ratio, so it holds regardless of market direction.

Palantir Technologies (bStocks Tokenized Stock) →MicroStrategy xStock →