Quantum Computing • Robinhood Token vs Strategy PP Variable xStock

Strategy PP Variable xStock (STRCX) is 956.5× the size of Quantum Computing • Robinhood Token (QUBT) by market capitalisation. Over the past 30 days, STRCX is ahead by 25.0 percentage points (QUBT -21.3% against STRCX +3.6%). Their daily returns move barely in opposite directions (correlation -0.35 across 28 shared trading days). QUBT has been the more volatile of the two, at 78% annualised against STRCX's 51%.

Correlation: -0.35
Size ratio: 1 : 956.5
Ahead over 30 days: STRCX

Quantum Computing • Robinhood TokenQUBT

$6.4100

24h: +1.31%
Market cap: $148,241
Volume 24h: $39,212
Volatility (ann.): 78%

Strategy PP Variable xStockSTRCX

$109.4400

24h: +0.05%
Market cap: $141.80M
Volume 24h: $426,508
Volatility (ann.): 51%

QUBT 0.1%Share of the two combined market caps99.9% STRCX

Performance

QUBTSTRCX

7 days-5.18%+0.05%STRCX
30 days-21.35%+3.64%STRCX

Correlation

-0.35over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.3590d: 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	QUBT	STRCX
Max drawdown (400d)	-30.8%	-7.5%
Risk-adjusted return (90d)	-0.24	0.16

Relative strength over 90 days: STRCX outperformed QUBT by 23.8% — measured on the QUBT/STRCX ratio, so it holds regardless of market direction.

Quantum Computing • Robinhood Token →Strategy PP Variable xStock →