Riot Platforms (Dinari Tokenized Stock) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 16148.4× the size of Riot Platforms (Dinari Tokenized Stock) (RIOT) by market capitalisation. Their daily returns move closely together (correlation 0.67 across 26 shared trading days). CRCLB has been the more volatile of the two, at 83% annualised against RIOT's 72%.

Correlation: 0.67
Size ratio: 1 : 16148.4

Riot Platforms (Dinari Tokenized Stock)RIOT

$15.0900

24h: -2.92%
Market cap: $9,300
Volume 24h: $98
Volatility (ann.): 72%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$68.3600

24h: -9.50%
Market cap: $150.17M
Volume 24h: $45.62M
Volatility (ann.): 83%

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

Performance

RIOTCRCLB

7 days-7.70%-10.02%RIOT
30 days-16.60%-18.89%RIOT
90 days—+1.70%—

Correlation

0.67over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6790d: 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	RIOT	CRCLB
Max drawdown (400d)	-25.7%	-35.4%
Risk-adjusted return (90d)	-0.23	0.02

Relative strength over 90 days: CRCLB outperformed RIOT by 2.1% — measured on the RIOT/CRCLB ratio, so it holds regardless of market direction.

Riot Platforms (Dinari Tokenized Stock) →Circle Internet Group (bStocks Tokenized Stock) →