Palantir Technologies • Robinhood Token vs MicroStrategy xStock

MicroStrategy xStock (MSTRX) is 57.7× the size of Palantir Technologies • Robinhood Token (PLTR) by market capitalisation. Over the past 30 days, MSTRX is ahead by 8.3 percentage points (PLTR -3.6% against MSTRX +4.7%). Their daily returns move loosely together (correlation 0.49 across 31 shared trading days). MSTRX has been the more volatile of the two, at 101% annualised against PLTR's 57%.

Correlation: 0.49
Size ratio: 1 : 57.7
Ahead over 30 days: MSTRX

Palantir Technologies • Robinhood TokenPLTR

$169.8400

24h: -2.11%
Market cap: $2.26M
Volume 24h: $3.14M
Volatility (ann.): 57%

MicroStrategy xStockMSTRX

$137.0300

24h: +5.08%
Market cap: $130.62M
Volume 24h: $2.73M
Volatility (ann.): 101%

PLTR 1.7%Share of the two combined market caps98.3% MSTRX

Performance

PLTRMSTRX

7 days-9.41%-3.45%MSTRX
30 days-3.63%+4.70%MSTRX

Correlation

0.49over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4990d: 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	PLTR	MSTRX
Max drawdown (400d)	-14.3%	-18.3%
Risk-adjusted return (90d)	-0.16	0.30

Relative strength over 90 days: MSTRX outperformed PLTR by 12.6% — measured on the PLTR/MSTRX ratio, so it holds regardless of market direction.

Palantir Technologies • Robinhood Token →MicroStrategy xStock →