Playboy (ST0x Tokenized Stock) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 4652.7× the size of Playboy (ST0x Tokenized Stock) (WTPLBY) by market capitalisation. Their daily returns move barely together (correlation 0.22 across 34 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against WTPLBY's 68%.

Correlation: 0.22
Size ratio: 1 : 4652.7

Playboy (ST0x Tokenized Stock)WTPLBY

$1.3600

24h: -1.69%
Market cap: $32,265
Volume 24h: $3,208
Volatility (ann.): 68%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$67.9000

24h: -10.54%
Market cap: $150.12M
Volume 24h: $39.67M
Volatility (ann.): 82%

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

Performance

WTPLBYCRCLB

7 days+20.35%-5.56%WTPLBY
30 days+30.77%-9.22%WTPLBY
90 days—+19.24%—

Correlation

0.22over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2490d: 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	WTPLBY	CRCLB
Max drawdown (400d)	-6.2%	-31.5%
Risk-adjusted return (90d)	0.53	0.23

Relative strength over 90 days: WTPLBY outperformed CRCLB by 48.7% — measured on the WTPLBY/CRCLB ratio, so it holds regardless of market direction.

Playboy (ST0x Tokenized Stock) →Circle Internet Group (bStocks Tokenized Stock) →