Playboy (ST0x Tokenized Stock) vs Strategy PP Variable xStock

Strategy PP Variable xStock (STRCX) is 4182.2× the size of Playboy (ST0x Tokenized Stock) (WTPLBY) by market capitalisation. Over the past 30 days, WTPLBY is ahead by 27.1 percentage points (WTPLBY +30.8% against STRCX +3.6%). Their daily returns move loosely together (correlation 0.49 across 22 shared trading days). WTPLBY has been the more volatile of the two, at 68% annualised against STRCX's 51%.

Correlation: 0.49
Size ratio: 1 : 4182.2
Ahead over 30 days: WTPLBY

Playboy (ST0x Tokenized Stock)WTPLBY

$1.3600

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

Strategy PP Variable xStockSTRCX

$109.0700

24h: -0.52%
Market cap: $134.94M
Volume 24h: $2.50M
Volatility (ann.): 51%

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

Performance

WTPLBYSTRCX

7 days+20.35%+0.05%WTPLBY
30 days+30.77%+3.64%WTPLBY

Correlation

0.49over 22 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	STRCX
Max drawdown (400d)	-6.2%	-7.5%
Risk-adjusted return (90d)	0.53	0.16

Relative strength over 90 days: WTPLBY outperformed STRCX by 35.0% — measured on the WTPLBY/STRCX ratio, so it holds regardless of market direction.

Playboy (ST0x Tokenized Stock) →Strategy PP Variable xStock →