Pfizer Inc. • Robinhood Token vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 636.7× the size of Pfizer Inc. • Robinhood Token (PFE) by market capitalisation. Their daily returns move barely together (correlation 0.16 across 39 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against PFE's 32%.

Correlation: 0.16
Size ratio: 1 : 636.7

Pfizer Inc. • Robinhood TokenPFE

$30.8400

24h: +2.41%
Market cap: $231,632
Volume 24h: $34,638
Volatility (ann.): 32%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$69.3500

24h: -9.75%
Market cap: $147.49M
Volume 24h: $34.87M
Volatility (ann.): 82%

PFE 0.2%Share of the two combined market caps99.8% CRCLB

Performance

PFECRCLB

7 days+4.76%-5.56%PFE
30 days+11.66%-9.22%PFE
90 days—+19.24%—

Correlation

0.16over 39 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1890d: 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)	-9.1%	-31.5%
Risk-adjusted return (90d)	0.24	0.23

Relative strength over 90 days: PFE outperformed CRCLB by 26.3% — measured on the PFE/CRCLB ratio, so it holds regardless of market direction.

Pfizer Inc. • Robinhood Token →Circle Internet Group (bStocks Tokenized Stock) →