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

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 967.6× the size of Riot Platforms xStock (RIOTX) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.00 across 21 shared trading days). RIOTX has been the more volatile of the two, at 7677% annualised against CRCLB's 83%.

Correlation: -0.00
Size ratio: 1 : 967.6

Riot Platforms xStockRIOTX

$14.8500

24h: +2.31%
Market cap: $157,616
Volume 24h: $23,491
Volatility (ann.): 7677%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$69.4000

24h: -7.92%
Market cap: $152.50M
Volume 24h: $47.56M
Volatility (ann.): 83%

RIOTX 0.1%Share of the two combined market caps99.9% CRCLB

Performance

RIOTXCRCLB

7 days-1.72%-10.02%RIOTX
30 days-83.85%-18.89%CRCLB
90 days—+1.70%—

Correlation

-0.00over 21 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	RIOTX	CRCLB
Max drawdown (400d)	-100.0%	-35.4%
Risk-adjusted return (90d)	-0.01	0.02

Relative strength over 90 days: CRCLB outperformed RIOTX by 95.8% — measured on the RIOTX/CRCLB ratio, so it holds regardless of market direction.

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