Philip Morris xStock vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 1079.0× the size of Philip Morris xStock (PMX) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.19 across 26 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against PMX's 40%.

Correlation: -0.19
Size ratio: 1 : 1079.0

Philip Morris xStockPMX

$212.0800

24h: +1.57%
Market cap: $149,595
Volume 24h: $12
Volatility (ann.): 40%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$75.6500

24h: +0.27%
Market cap: $161.41M
Volume 24h: $37.31M
Volatility (ann.): 82%

PMX 0.1%Share of the two combined market caps99.9% CRCLB

Performance

PMXCRCLB

7 days-0.80%-5.56%PMX
30 days+3.12%-9.22%PMX
90 days—+19.24%—

Correlation

-0.19over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1990d: 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	PMX	CRCLB
Max drawdown (400d)	-5.1%	-31.5%
Risk-adjusted return (90d)	0.08	0.23

Relative strength over 90 days: PMX outperformed CRCLB by 17.0% — measured on the PMX/CRCLB ratio, so it holds regardless of market direction.

Philip Morris xStock →Circle Internet Group (bStocks Tokenized Stock) →