Pfizer (Dinari Tokenized Stock) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 6286.7× the size of Pfizer (Dinari Tokenized Stock) (PFE) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.05 across 25 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against PFE's 18%.

Correlation: -0.05
Size ratio: 1 : 6286.7

Pfizer (Dinari Tokenized Stock)PFE

$30.8800

24h: +2.48%
Market cap: $23,002
Volume 24h: $308
Volatility (ann.): 18%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$66.5200

24h: -12.77%
Market cap: $144.61M
Volume 24h: $40.56M
Volatility (ann.): 82%

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

Performance

PFECRCLB

7 days-2.36%-5.56%PFE
30 days-0.07%-9.22%PFE
90 days—+19.24%—

Correlation

-0.05over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0590d: 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	PFE	CRCLB
Max drawdown (400d)	-4.8%	-31.5%
Risk-adjusted return (90d)	0.00	0.23

Relative strength over 90 days: PFE outperformed CRCLB by 9.0% — measured on the PFE/CRCLB ratio, so it holds regardless of market direction.

Pfizer (Dinari Tokenized Stock) →Circle Internet Group (bStocks Tokenized Stock) →