Salesforce aStock vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 273908.7× the size of Salesforce aStock (ACRM) by market capitalisation. Their daily returns move loosely together (correlation 0.38 across 31 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against ACRM's 32%.

Correlation: 0.38
Size ratio: 1 : 273908.7

Salesforce aStockACRM

$219.5600

24h: -3.05%
Market cap: $591
Volume 24h: —
Volatility (ann.): 32%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$75.7900

24h: +3.02%
Market cap: $161.87M
Volume 24h: $43.92M
Volatility (ann.): 82%

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

Performance

ACRMCRCLB

7 days+2.13%-5.56%ACRM
30 days+5.38%-9.22%ACRM
90 days—+19.24%—

Correlation

0.38over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3890d: 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	ACRM	CRCLB
Max drawdown (400d)	-5.7%	-31.5%
Risk-adjusted return (90d)	0.17	0.23

Relative strength over 90 days: ACRM outperformed CRCLB by 15.6% — measured on the ACRM/CRCLB ratio, so it holds regardless of market direction.

Salesforce aStock →Circle Internet Group (bStocks Tokenized Stock) →