Petrobras Tokenized Stock (Reality) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 3740.8× the size of Petrobras Tokenized Stock (Reality) (RPBR) by market capitalisation. Their daily returns move barely together (correlation 0.14 across 25 shared trading days). Both have run at a similar volatility, around 81% annualised.

Correlation: 0.14
Size ratio: 1 : 3740.8

Petrobras Tokenized Stock (Reality)RPBR

$19.6000

24h: -6.76%
Market cap: $43,379
Volume 24h: $63,078
Volatility (ann.): 80%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$76.1900

24h: +3.14%
Market cap: $162.27M
Volume 24h: $43.93M
Volatility (ann.): 82%

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

Performance

RPBRCRCLB

7 days-13.91%-5.56%CRCLB
30 days+1.90%-9.22%RPBR
90 days—+19.24%—

Correlation

0.14over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1490d: 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	RPBR	CRCLB
Max drawdown (400d)	-16.3%	-31.5%
Risk-adjusted return (90d)	0.02	0.23

Relative strength over 90 days: RPBR outperformed CRCLB by 10.2% — measured on the RPBR/CRCLB ratio, so it holds regardless of market direction.

Petrobras Tokenized Stock (Reality) →Circle Internet Group (bStocks Tokenized Stock) →