Regeneron Pharmaceuticals (Ondo Tokenized) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 9507.1× the size of Regeneron Pharmaceuticals (Ondo Tokenized) (REGNON) by market capitalisation. Over the past 90 days, REGNON is ahead by 8.9 percentage points (REGNON +28.1% against CRCLB +19.2%). Their daily returns move barely together (correlation 0.13 across 110 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against REGNON's 36%.

Correlation: 0.13
Size ratio: 1 : 9507.1
Ahead over 90 days: REGNON

Regeneron Pharmaceuticals (Ondo Tokenized)REGNON

$926.2100

24h: -4.47%
Market cap: $15,210
Volume 24h: $150,485
Volatility (ann.): 36%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$67.5300

24h: -12.77%
Market cap: $144.61M
Volume 24h: $40.56M
Volatility (ann.): 82%

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

Performance

REGNONCRCLB

7 days+1.07%-5.56%REGNON
30 days+1.05%-9.22%REGNON
90 days+28.13%+19.24%REGNON

Correlation

0.13over 110 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0390d: 0.111y: 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	REGNON	CRCLB
Max drawdown (400d)	-22.7%	-31.5%
Risk-adjusted return (90d)	0.84	0.23

Relative strength over 90 days: CRCLB outperformed REGNON by 5.2% — measured on the REGNON/CRCLB ratio, so it holds regardless of market direction.

Regeneron Pharmaceuticals (Ondo Tokenized) →Circle Internet Group (bStocks Tokenized Stock) →